About LCBOX
ClearBridge Dividend Strategy Fund Class 1 is a mutual fund focusing on generating a high level of current income, with secondary emphasis on long-term capital appreciation. The fund primarily invests at least 80% of its assets in equity securities, prioritizing common stocks that offer attractive or improving dividend profiles. Its strategy targets established, high-quality companies across a variety of sectors, such as technology, financial services, energy, and healthcare. Notably, the fund may allocate up to 20% of assets to fixed income securities, providing some diversification and mitigating potential equity volatility.
With a history dating back to 2011, the fund aims to appeal to investors seeking consistent dividend income along with potential for capital growth. Portfolio turnover remains relatively low, supporting its patient and value-focused investment process. The fund typically holds a concentrated portfolio, often with around 58 distinct holdings and significant weight in its top positions, reflecting a high-conviction approach. Its quarterly dividend payouts, robust yield, and commitment to dividend growth make it a prominent choice within the large value mutual fund category, playing a notable role for income-oriented strategies in the broader financial market.
Fund Family Franklin Templeton Investments
Category Large Value
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LCBOX
Share Class Class 1
Index S&P 500 TR
LCBOX had a total return of 15.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.65%.
