ClearBridge Tactical Dividend Income Fund Class IS (LCBDX)
| Fund Assets | 345.86M |
| Expense Ratio | 1.07% |
| Min. Investment | $1,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 3.42% |
| Dividend Growth | 0.68% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 24.85 |
| YTD Return | -0.46% |
| 1-Year Return | 6.58% |
| 5-Year Return | 92.93% |
| 52-Week Low | 21.34 |
| 52-Week High | 26.28 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | May 22, 2013 |
About LCBDX
The ClearBridge Tactical Dividend Income Fund Institutional Shares is an actively managed mutual fund focused on generating high current income, with capital appreciation as a secondary goal. This fund primarily invests in a diverse range of income-producing equity and equity-related securities, including dividend-paying stocks, master limited partnerships (MLPs), and real estate investment trusts (REITs). It maintains flexibility to allocate up to 20% of its assets to fixed income securities of any credit quality, including those rated below investment grade. With a strategy targeting high-quality companies that demonstrate consistent dividend payments, the fund spans several sectors such as financials, energy, and technology. Designed for institutional investors, the fund plays a significant role in the market by offering access to a blend of growth and income opportunities, appealing to those interested in systematic income generation within their investment portfolios.
Performance
LCBDX had a total return of 6.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.
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 | $0.21044 | Jun 30, 2025 |
| Mar 31, 2025 | $0.21097 | Mar 31, 2025 |
| Dec 20, 2024 | $0.21701 | Dec 20, 2024 |
| Sep 30, 2024 | $0.21167 | Sep 30, 2024 |
| Jun 28, 2024 | $0.21042 | Jun 28, 2024 |
| Mar 28, 2024 | $0.20651 | Mar 28, 2024 |