About LMPIX
ClearBridge Appreciation Fund Class FI is a mutual fund that invests primarily in equity securities of U.S. companies to pursue long-term capital appreciation. It typically targets medium and large capitalization companies, with the flexibility to include small cap holdings, focusing on those demonstrating effective management, superior earnings growth, and strong or improving fundamentals. The fund aims to construct a core equity portfolio that balances potential reward with risk, benchmarked against the S&P 500 Index. Managed by ClearBridge Investments, a global investment manager emphasizing proprietary research and fundamental analysis, it maintains a concentrated portfolio of around 63 holdings with relatively low turnover. Sector allocations span information technology, communication services, financials, industrials, and health care, reflecting a large blend investment style within the Large-Cap Core category. Dividends are distributed annually. The Class FI share class, available to eligible investors, supports Franklin Templeton's lineup of actively managed equity funds designed for long-term growth-oriented portfolios.
Fund Family Franklin Templeton Investments
Category Large Blend
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol LMPIX
Share Class Class Fi
Index S&P 500 TR
LMPIX had a total return of 11.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.91%.
