ClearBridge Select Fund Class A (LCLAX)
| Fund Assets | 3.47B |
| Expense Ratio | 1.33% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 56.69 |
| YTD Return | 5.24% |
| 1-Year Return | 17.51% |
| 5-Year Return | 55.77% |
| 52-Week Low | 43.91 |
| 52-Week High | 57.59 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Sep 23, 2013 |
About LCLAX
ClearBridge Select Fund is an open-end equity mutual fund designed to provide long-term capital growth. Managed by Legg Mason Partners Fund Advisor and co-managed by ClearBridge Investments, the fund employs an unconstrained, active investment approach with a focus on publicly traded equity and equity-related securities of both U.S. and international companies. While it primarily invests in growth and value stocks across all market capitalizations, the fund tends to emphasize large-cap and mid-cap growth equities, with notable exposure to sectors such as technology, consumer cyclical, and industrials. ClearBridge Select Fund adopts a bottom-up, research-driven stock selection process, aiming to construct a high-conviction portfolio that often features a significant weighting in its top holdings. The fund benchmarks its performance to the Russell 3000 Index and is non-diversified, allowing for concentrated positions. It is recognized for its high management fee and higher expense ratio relative to peers, which positions fee structure as a notable characteristic. The fund’s approach and sector allocations position it as a distinct player in the actively managed growth mutual fund segment, targeting investors seeking exposure to innovative and market-leading companies.
Performance
LCLAX had a total return of 17.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.14%.
Top 10 Holdings
35.96% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.55% |
| Microsoft Corporation | MSFT | 5.17% |
| ServiceNow, Inc. | NOW | 4.19% |
| MercadoLibre, Inc. | MELI | 4.11% |
| Apple Inc. | AAPL | 3.71% |
| Performance Food Group Company | PFGC | 2.91% |
| Casey's General Stores, Inc. | CASY | 2.68% |
| L3Harris Technologies, Inc. | LHX | 2.29% |
| Shopify Inc. | SHOP | 2.21% |
| Fortinet, Inc. | FTNT | 2.15% |