ClearBridge Tactical Dividend Income Fund Class I (LADIX)
| Fund Assets | 345.86M |
| Expense Ratio | 1.17% |
| Min. Investment | $1,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 3.32% |
| Dividend Growth | -0.07% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 24.87 |
| YTD Return | -0.49% |
| 1-Year Return | 6.50% |
| 5-Year Return | 91.96% |
| 52-Week Low | 21.36 |
| 52-Week High | 26.29 |
| Beta (5Y) | 0.87 |
| Holdings | 84 |
| Inception Date | May 16, 2008 |
About LADIX
ClearBridge Tactical Dividend Income Fund Class I is a mutual fund designed to generate a high level of current income, with a secondary focus on capital appreciation. The fund primarily invests in a diverse mix of income-producing equity and equity-related securities, including dividend-paying stocks, master limited partnerships (MLPs), and real estate investment trusts (REITs). It maintains a "large value" investment style, focusing on established companies with attractive dividend profiles. The portfolio also allows for up to 20% allocation in fixed income securities, including those rated below investment grade. Notable sectors represented include energy, technology, financial services, and healthcare, with top holdings such as Energy Transfer LP, Microsoft, and Apple. The fund is managed with an institutional share class structure and charges a higher-than-average expense ratio compared to peers. ClearBridge Tactical Dividend Income Fund Class I plays a significant role for investors seeking steady income through equities while offering sector diversification and tactical asset allocation.
Performance
LADIX had a total return of 6.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.39%.
Top 10 Holdings
20.76% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) | NEE.6.926 09.01.25 | 2.54% |
| PPL Corporation | PPL | 2.40% |
| Energy Transfer LP | ET | 2.06% |
| Enterprise Products Partners L.P. | EPD | 2.03% |
| JPMorgan Chase & Co. | JPM | 2.01% |
| Equity LifeStyle Properties, Inc. | ELS | 1.99% |
| The Procter & Gamble Company | PG | 1.99% |
| PepsiCo, Inc. | PEP | 1.96% |
| Union Pacific Corporation | UNP | 1.96% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 1.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.20326 | Jun 30, 2025 |
| Mar 31, 2025 | $0.20426 | Mar 31, 2025 |
| Dec 20, 2024 | $0.21267 | Dec 20, 2024 |
| Sep 30, 2024 | $0.20512 | Sep 30, 2024 |
| Jun 28, 2024 | $0.20563 | Jun 28, 2024 |
| Mar 28, 2024 | $0.20328 | Mar 28, 2024 |