About LMMRX
ClearBridge Dividend Strategy Fund Class R is a mutual fund designed to pursue a combination of dividend income, growth of dividend income, and long-term capital appreciation. The fund primarily invests in high-quality, dividend-paying companies, emphasizing those with attractive or improving dividend profiles. Under normal conditions, it allocates at least 80% of its assets to companies that meet these criteria. This disciplined approach typically leads to a portfolio with significant representation in sectors such as consumer staples, information technology, energy, utilities, financials, and healthcare. Notable holdings often include established industry leaders like Nestle, Microsoft, Exxon Mobil, JPMorgan Chase, and Becton Dickinson. The fund employs both fundamental and quantitative analysis in its security selection process and benchmarks its performance against major indices such as the S&P 500. Positioned in the large value category, it seeks to provide investors with a stable stream of income through dividends while also targeting steady capital growth over time.
Fund Family Franklin Templeton Investments
Category Large Value
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LMMRX
Share Class Class R
Index S&P 500 TR
LMMRX had a total return of 15.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.98%.
