0001145549-23-068253.txt : 20231121
0001145549-23-068253.hdr.sgml : 20231121
20231121112643
ACCESSION NUMBER: 0001145549-23-068253
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230929
FILED AS OF DATE: 20231121
DATE AS OF CHANGE: 20231121
PERIOD START: 20230930
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: BRANDES INVESTMENT TRUST
CENTRAL INDEX KEY: 0000926678
IRS NUMBER: 330635360
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08614
FILM NUMBER: 231425357
BUSINESS ADDRESS:
STREET 1: THE NORTHERN TRUST COMPANY
STREET 2: 50 SOUTH LASALLE STREET
CITY: CHICAGO
STATE: IL
ZIP: 60603
BUSINESS PHONE: 312-444-3195
MAIL ADDRESS:
STREET 1: THE NORTHERN TRUST COMPANY
STREET 2: 50 SOUTH LASALLE STREET
CITY: CHICAGO
STATE: IL
ZIP: 60603
FORMER COMPANY:
FORMER CONFORMED NAME: BRANDES INTERNATIONAL FUND
DATE OF NAME CHANGE: 19940712
0000926678
S000006075
Brandes Separately Managed Account Reserve Trust
C000016693
Brandes Separately Managed Account Reserve Trust
SMARX
NPORT-P
1
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NPORT-P
false
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S000006075
C000016693
Brandes Investment Trust
811-08614
0000926678
549300JQ33UR3YOTFN83
4275 Executive Square
5th Floor
La Jolla
92037
800 331 2979
Brandes Separately Managed Account Reserve Trust (SMART) Fund
S000006075
5493007TM61SYKG79Q61
2023-09-30
2023-09-29
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150732458.030000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
0.000000000000
USD
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Federal Home Loan Mortgage Corporation
2549001DPIFGXC1TOL40
FR SD8003
3132DV3L7
346973.42
PA
USD
313213.37
0.2077942429
Long
ABS-MBS
USGA
US
N
2
2049-07-01
Fixed
4.000000000000
N
N
N
N
N
N
Methanex Corporation
549300TSJHRXT9QXRD13
MXCN 5.125 10/15/27
59151KAM0
1249000
PA
USD
1152169.28
0.7643803432
Long
DBT
CORP
CA
N
2
2027-10-15
Fixed
5.125000000000
N
N
N
N
N
N
Ford Motor Credit Company LLC
UDSQCVRUX5BONN0VY111
F 3.375 11/13/25
345397B28
1625000
PA
USD
1507701
1.0002497270
Long
DBT
CORP
US
N
2
2025-11-13
Fixed
3.375000000000
N
N
N
N
N
N
SLM Private Cr Student Loan Trust
549300IWUQEXD0TZWG69
SLMA 2004-B A4
78443CBP8
1406962.04
PA
USD
1369539.38
0.9085895619
Long
ABS-O
USGA
US
N
2
2033-09-15
Floating
5.982000000000
N
N
N
N
N
N
The Charles Schwab Corporation
549300VSGCJ7E698NM85
SCHW V5.375 PERP G
808513BD6
4070000
PA
USD
3910162.96
2.5941081378
Long
DBT
CORP
US
N
2
2049-12-31
Fixed
5.375000000000
N
N
N
N
N
N
Federal National Mortgage Association
B1V7KEBTPIMZEU4LTD58
FN AS6201
3138WF3K0
264567.47
PA
USD
232510.83
0.1542539895
Long
ABS-MBS
USGSE
US
N
2
2045-11-01
Fixed
3.500000000000
N
N
N
N
N
N
Federal National Mortgage Association
B1V7KEBTPIMZEU4LTD58
FN AL9865
3138ER6B1
564247.56
PA
USD
474025.13
0.3144811252
Long
ABS-MBS
USGSE
US
N
2
2047-02-01
Fixed
3.000000000000
N
N
N
N
N
N
Softbank Group Corp.
5493003BZYYYCDIO0R13
SOFTBK 4.75 09/19/24
AP1047020
980000
PA
USD
950600
0.6306538170
Long
DBT
CORP
JP
Y
2
2024-09-19
Fixed
4.750000000000
N
N
N
N
N
N
Goldman Sachs Group, Inc.
784F5XWPLTWKTBV3E584
GS V3.8 PERP T
38144GAE1
2900000
PA
USD
2364733.66
1.5688284334
Long
DBT
CORP
US
N
2
2049-12-31
Fixed
3.800000000000
N
N
N
N
N
N
Federal Home Loan Mortgage Corporation
S6XOOCT0IEG5ABCC6L87
FR SD8001
3132DV3J2
679185.89
PA
USD
592436.93
0.3930387242
Long
ABS-MBS
USGA
US
N
2
2049-07-01
Fixed
3.500000000000
N
N
N
N
N
N
Expedia Group Inc
CI7MUJI4USF3V0NJ1H64
EXPE 3.25 02/15/30
30212PAR6
1732000
PA
USD
1464931.13
0.9718750355
Long
DBT
CORP
US
N
2
2030-02-15
Fixed
3.250000000000
N
N
N
N
N
N
Prime Securities Services Borrower, LLC and Prime Finance, Inc.
549300O6QPZVWXV2DC15
PRSESE 5.75 04/15/26 144A
74166MAC0
4870000
PA
USD
4724719.62
3.1345071140
Long
DBT
CORP
US
Y
2
2026-04-15
Fixed
5.750000000000
N
N
N
N
N
N
Federal National Mortgage Association
B1V7KEBTPIMZEU4LTD58
FN MA3687
31418DCZ3
670393.93
PA
USD
605341.73
0.4016001185
Long
ABS-MBS
USGSE
US
N
2
2049-06-01
Fixed
4.000000000000
N
N
N
N
N
N
Federal National Mortgage Association
B1V7KEBTPIMZEU4LTD58
FN BN6683
3140JPM93
569053.75
PA
USD
497881.07
0.3303078027
Long
ABS-MBS
USGSE
US
N
2
2049-06-01
Fixed
3.500000000000
N
N
N
N
N
N
Methanex Corporation
549300TSJHRXT9QXRD13
MXCN 5.25 12/15/29
59151KAL2
1245000
PA
USD
1110221.65
0.7365511480
Long
DBT
CORP
CA
N
2
2029-12-15
Fixed
5.250000000000
N
N
N
N
N
N
VMware Inc
549300BUDHS3LRWBE814
VMW 4.5 05/15/25
928563AD7
1430000
PA
USD
1396856.88
0.9267127321
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
4.500000000000
N
N
N
N
N
N
Coty Inc.
549300BO9IWPF3S48F93
COTY 5 04/15/26 144A
222070AE4
3534000
PA
USD
3394848.75
2.2522347173
Long
DBT
CORP
US
Y
2
2026-04-15
Fixed
5.000000000000
N
N
N
N
N
N
Travel Plus Leisure Co
T4VNTWMFQ7JQB65L7T35
TNL 6.625 07/31/26 144A
98310WAS7
4675000
PA
USD
4548775
3.0177806820
Long
DBT
CORP
US
Y
2
2026-07-31
Fixed
6.625000000000
N
N
N
N
N
N
Fnma Pass-Thru I
B1V7KEBTPIMZEU4LTD58
FN CA1624
3140Q8YW9
886685.82
PA
USD
812066.07
0.5387466513
Long
ABS-MBS
USGSE
US
N
2
2033-04-01
Fixed
3.000000000000
N
N
N
N
N
N
Ford Motor Credit Company LLC
UDSQCVRUX5BONN0VY111
F 2.7 08/10/26
345397B77
2845000
PA
USD
2538780.42
1.6842957736
Long
DBT
CORP
US
N
2
2026-08-10
Fixed
2.700000000000
N
N
N
N
N
N
Sealed Air Corporation
Q0M0CZB4YN6JZ65WXI09
SEE 4 12/01/27 144A
81211KAY6
1990000
PA
USD
1775670.49
1.1780279531
Long
DBT
CORP
US
Y
2
2027-12-01
Fixed
4.000000000000
N
N
N
N
N
N
Prime Securities Services Borrower, LLC and Prime Finance, Inc.
549300O6QPZVWXV2DC15
PRSESE 6.25 01/15/28 144A
74166MAE6
3635000
PA
USD
3366622.5
2.2335086577
Long
DBT
CORP
US
Y
2
2028-01-15
Fixed
6.250000000000
N
N
N
N
N
N
Hess Midstream Operations LP
N/A
HESM 4.25 02/15/30 144A
428102AE7
1940000
PA
USD
1635882.11
1.0852885512
Long
DBT
CORP
US
Y
2
2030-02-15
Fixed
4.250000000000
N
N
N
N
N
N
Expedia Group Inc
CI7MUJI4USF3V0NJ1H64
EXPE 3.8 02/15/28
30212PAP0
810000
PA
USD
739989.83
0.4909293192
Long
DBT
CORP
US
N
2
2028-02-15
Fixed
3.800000000000
N
N
N
N
N
N
T-Mobile USA, Inc.
549300V2JRLO5DIFGE82
TMUS 4.75 02/01/28
87264AAV7
1435000
PA
USD
1375472.76
0.9125259270
Long
DBT
CORP
US
N
2
2028-02-01
Fixed
4.750000000000
N
N
N
N
N
N
Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC
N/A
SPRNTS 5.152 03/20/28 144A
85208NAE0
1789200
PA
USD
1757793.89
1.1661681319
Long
DBT
CORP
US
Y
2
2028-03-20
Fixed
5.152000000000
N
N
N
N
N
N
Range Resources Corp.
H3Y3WLYCX0BTO1TRW162
RRC 4.875 05/15/25
75281AAS8
4925000
PA
USD
4775920.25
3.1684750003
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
4.875000000000
N
N
N
N
N
N
United States Treasury Bonds
254900HROIFWPRGM1V77
T 3.5 02/15/39
912810QA9
16250000
PA
USD
14037841.84
9.3130849344
Long
DBT
UST
US
N
2
2039-02-15
Fixed
3.500000000000
N
N
N
N
N
N
United States Treasury Bonds
254900HROIFWPRGM1V77
T 3.75 11/15/43
912810RD2
9000000
PA
USD
7639453.08
5.0682203288
Long
DBT
UST
US
N
2
2043-11-15
Fixed
3.750000000000
N
N
N
N
N
N
Northern Inst Fds
549300Y178DO5JBR1S04
Northern Inst Fds TREAS PRT PRMR
665279873
5301938.27
NS
USD
5301938.27
3.5174496185
Long
STIV
RF
US
N
1
N
N
N
Microstrategy Incorporated
549300WQTWEJUEHXQX21
MSTR 0 02/15/27
594972AE1
6045000
PA
USD
4209133.5
2.7924533010
Long
DBT
CORP
US
N
2
2027-02-15
None
0.000000000000
N
N
N
N
N
N
FirstEnergy Corp.
549300SVYJS666PQJH88
FE 7.375 11/15/31 C
337932AC1
2580000
PA
USD
2815440.48
1.8678395594
Long
DBT
CORP
US
N
2
2031-11-15
Fixed
7.375000000000
N
N
N
N
N
N
Pulte Group Inc
N/A
PHM 5.5 03/01/26
745867AW1
3920000
PA
USD
3893034.48
2.5827446397
Long
DBT
CORP
US
N
2
2026-03-01
Fixed
5.500000000000
N
N
N
N
N
N
Netflix, Inc.
549300Y7VHGU0I7CE873
NFLX 4.375 11/15/26
64110LAN6
5340000
PA
USD
5148508.13
3.4156599032
Long
DBT
CORP
US
N
2
2026-11-15
Fixed
4.375000000000
N
N
N
N
N
N
Urbi Desarrollos Urbanos S.A. de C.V.
N/A
Urbi Desarrollos Urbanos S.A. de C.V. COM NPV
P9592Y129
8806
NS
3486.52
0.0023130519
Long
EC
CORP
MX
N
1
N
N
N
Telecom Italia Capital S.A.
549300777DJZOR5C4L39
TITIM 6.375 11/15/33
87927VAF5
3626000
PA
USD
3144005.25
2.0858183374
Long
DBT
CORP
LU
N
2
2033-11-15
Fixed
6.375000000000
N
N
N
N
N
N
SLM Private Cr Student Loan Trust
549300IWUQEXD0TZWG69
SLMA 2005-A A4
78443CBV5
966279.71
PA
USD
935729.81
0.6207885297
Long
ABS-O
USGA
US
N
2
2038-12-15
Floating
5.862000000000
N
N
N
N
N
N
Toll Brothers Finance Corp.
N/A
TOL 4.875 11/15/25
88947EAR1
1710000
PA
USD
1662431.51
1.1029021431
Long
DBT
CORP
US
N
2
2025-11-15
Fixed
4.875000000000
N
N
N
N
N
N
United States Treasury Bonds
254900HROIFWPRGM1V77
T 3 05/15/47
912810RX8
13250000
PA
USD
9720634.73
6.4489326699
Long
DBT
UST
US
N
2
2047-05-15
Fixed
3.000000000000
N
N
N
N
N
N
American Transmission Systems, Incorporated
N/A
FE 2.65 01/15/32 144A
030288AC8
2930000
PA
USD
2316204.5
1.5366328728
Long
DBT
CORP
US
Y
2
2032-01-15
Fixed
2.650000000000
N
N
N
N
N
N
USB Capital IX
N/A
USB V0 PERP
91731KAA8
8525000
PA
USD
6280020.53
4.1663359120
Long
DBT
CORP
US
N
2
2049-12-31
Floating
6.589570000000
N
N
N
N
N
N
Wells Fargo Mortgage Backed Secs
N/A
WFMBS 2006-AR14 1A3
94984MAC8
943.35
PA
USD
819.64
0.0005437714
Long
ABS-O
CORP
US
N
2
2036-10-25
Floating
5.824056800000
N
N
N
N
N
N
SLM Private Cr Student Loan Trust
549300MJYMBTZU2FTV38
SLMA 2006-A A5
78443CCL6
1560222.72
PA
USD
1503918.18
0.9977401017
Long
ABS-O
USGA
US
N
2
2039-06-15
Floating
5.842000000000
N
N
N
N
N
N
VMware Inc
549300BUDHS3LRWBE814
VMW 3.9 08/21/27
928563AC9
4176000
PA
USD
3890404.78
2.5810000254
Long
DBT
CORP
US
N
2
2027-08-21
Fixed
3.900000000000
N
N
N
N
N
N
United States Treasury Notes
254900HROIFWPRGM1V77
T 1.625 05/15/31
91282CCB5
500000
PA
USD
405937.5
0.2693099451
Long
DBT
UST
US
N
2
2031-05-15
Fixed
1.625000000000
N
N
N
N
N
N
Pilgrims Pride Corporation
549300ZSLGV64ZL3HD75
PPC 4.25 04/15/31
72147KAJ7
3845000
PA
USD
3207517.84
2.1279543118
Long
DBT
CORP
US
N
2
2031-04-15
Fixed
4.250000000000
N
N
N
N
N
N
Bank of America Corporation
9DJT3UXIJIZJI4WXO774
BAC 4.45 03/03/26 MTN
06051GFU8
6620000
PA
USD
6375923.71
4.2299606822
Long
DBT
CORP
US
N
2
2026-03-03
Fixed
4.450000000000
N
N
N
N
N
N
Mauser Packaging Solutions Holding Company
549300DNGHXL0OMHW304
BWY 9.25 04/15/27 144A
57763RAC1
1540000
PA
USD
1346090.75
0.8930331049
Long
DBT
CORP
US
Y
2
2027-04-15
Fixed
9.250000000000
N
N
N
N
N
N
Iron Mountain Inc.
SQL3F6CKNNBM3SQGHX24
IRM 4.875 09/15/27 144A
46284VAC5
2925000
PA
USD
2697887.79
1.7898519173
Long
DBT
CORP
US
Y
2
2027-09-15
Fixed
4.875000000000
N
N
N
N
N
N
Transocean Inc.
DOL4HJ22ADYSIWES4H94
RIG 8.75 02/15/30 144A
893830BX6
1543750
PA
USD
1578484.38
1.0472093407
Long
DBT
CORP
KY
Y
2
2030-02-15
Fixed
8.750000000000
N
N
N
N
N
N
Citigroup Inc.
6SHGI4ZSSLCXXQSBB395
C 4.4 06/10/25
172967JT9
5885000
PA
USD
5710418.47
3.7884464598
Long
DBT
CORP
US
N
2
2025-06-10
Fixed
4.400000000000
N
N
N
N
N
N
Federal Home Loan Mortgage Corporation
S6XOOCT0IEG5ABCC6L87
FG G18578
3128MMUC5
582558.3
PA
USD
542328.18
0.3597952207
Long
ABS-MBS
USGSE
US
N
2
2030-12-01
Fixed
3.000000000000
N
N
N
N
N
N
Charter Communications Operating, LLC/Charter Communications Operating Capital Corp.
549300TPZNMN50BJ3745
CHTR 4.908 07/23/25
161175AY0
1325000
PA
USD
1294726.81
0.8589568743
Long
DBT
CORP
US
N
2
2025-07-23
Fixed
4.908000000000
N
N
N
N
N
N
Tenet Healthcare Corporation
0W9AIBT6U6ADJ2I8HK17
THC 4.875 01/01/26
88033GCZ1
4780000
PA
USD
4579381.73
3.0380860167
Long
DBT
CORP
US
N
2
2026-01-01
Fixed
4.875000000000
N
N
N
N
N
N
2023-10-31
Brandes Investment Trust
Marsha Otto
Marsha Otto
Director - Mutual Funds