ClearBridge Appreciation IS (LMESX)
| Fund Assets | 9.48B |
| Expense Ratio | 0.56% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 3.25 |
| Dividend Yield | 8.41% |
| Dividend Growth | 133.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 38.85 |
| YTD Return | 12.03% |
| 1-Year Return | 16.07% |
| 5-Year Return | 96.64% |
| 52-Week Low | 30.15 |
| 52-Week High | 39.06 |
| Beta (5Y) | n/a |
| Holdings | 63 |
| Inception Date | Aug 4, 2008 |
About LMESX
ClearBridge Appreciation Fund Institutional Shares is a large blend mutual fund that primarily invests in equity securities of U.S. companies, with a focus on established, blue chip firms that are leaders in their industries. The fund is designed to provide long-term capital appreciation by balancing exposure to both growth and value stocks, typically within medium and large capitalization companies, although small-cap positions may also be included. Notably, the fund can allocate up to 20% of assets to foreign equities, further diversifying its portfolio. Utilized by institutional investors, it leverages in-depth fundamental analysis to identify companies with effective management, robust earnings growth, and strong or improving fundamentals. The fund is recognized for its disciplined investment approach, evident in its relatively low portfolio turnover and its tendency to hold positions over the long term; nearly 60% of assets are in stocks held for more than a decade. Benchmarked against the S&P 500 and Russell 3000 Indexes, this fund serves as a core equity holding for investors seeking steady appreciation from dominant market participants while maintaining a strong risk-reward balance.
Performance
LMESX had a total return of 16.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.40%.
Top 10 Holdings
42.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.37% |
| NVIDIA Corporation | NVDA | 6.69% |
| Meta Platforms, Inc. | META | 4.22% |
| Apple Inc. | AAPL | 4.02% |
| Amazon.com, Inc. | AMZN | 3.85% |
| Broadcom Inc. | AVGO | 3.40% |
| Alphabet Inc. | GOOGL | 3.24% |
| JPMorgan Chase & Co. | JPM | 2.84% |
| Bank of America Corporation | BAC | 2.51% |
| Walmart Inc. | WMT | 2.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $3.24978 | Dec 12, 2024 |
| Dec 13, 2023 | $1.39291 | Dec 13, 2023 |
| Dec 13, 2022 | $2.49397 | Dec 13, 2022 |
| Dec 3, 2021 | $2.2992 | Dec 3, 2021 |
| Dec 4, 2020 | $1.29143 | Dec 4, 2020 |
| Dec 5, 2019 | $1.95753 | Dec 5, 2019 |