Fund Assets | 3.55B |
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 | 55.79 |
YTD Return | 5.63% |
1-Year Return | 15.15% |
5-Year Return | 49.40% |
52-Week Low | 43.91 |
52-Week High | 57.59 |
Beta (5Y) | n/a |
Holdings | 90 |
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 15.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.09%.
Top 10 Holdings
36.24% of assetsName | Symbol | Weight |
---|---|---|
NVIDIA Corporation | NVDA | 7.19% |
Microsoft Corporation | MSFT | 5.41% |
Apple Inc. | AAPL | 3.66% |
MercadoLibre, Inc. | MELI | 3.64% |
ServiceNow, Inc. | NOW | 3.61% |
Performance Food Group Company | PFGC | 3.20% |
Casey's General Stores, Inc. | CASY | 2.66% |
L3Harris Technologies, Inc. | LHX | 2.45% |
Shopify Inc. | SHOP | 2.25% |
AppLovin Corporation | APP | 2.16% |