ClearBridge Appreciation Fund Class R (LMPPX)
| Fund Assets | 8.87B |
| Expense Ratio | 1.24% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 2.99 |
| Dividend Yield | 8.02% |
| Dividend Growth | 154.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 37.29 |
| YTD Return | 7.08% |
| 1-Year Return | 11.44% |
| 5-Year Return | 95.31% |
| 52-Week Low | 30.30 |
| 52-Week High | 39.06 |
| Beta (5Y) | n/a |
| Holdings | 65 |
| Inception Date | Dec 28, 2006 |
About LMPPX
The ClearBridge Appreciation Fund Class R is an open-end mutual fund aimed at providing long-term capital appreciation for its shareholders. It primarily invests in equity securities of U.S. companies, focusing on medium and large capitalization firms. The fund seeks to capitalize on dominant blue chip companies across various industries, offering a diversified portfolio to investors. With a significant portion of its holdings in the top ten positions, it reflects a strategic approach to capital growth. The fund's expense ratio is notable, and it is managed under the Franklin Templeton family. Overall, the ClearBridge Appreciation Fund Class R plays a significant role in the financial market by offering investors a stable and diversified investment option in the U.S. equity market.
Performance
LMPPX had a total return of 11.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.57%.
Top 10 Holdings
40.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 8.70% |
| NVIDIA Corporation | NVDA | 5.04% |
| Apple Inc. | AAPL | 4.27% |
| Meta Platforms, Inc. | META | 3.74% |
| Amazon.com, Inc. | AMZN | 3.57% |
| Berkshire Hathaway Inc. | BRK.A | 3.22% |
| JPMorgan Chase & Co. | JPM | 3.18% |
| Visa Inc. | V | 3.17% |
| Broadcom Inc. | AVGO | 2.96% |
| Walmart Inc. | WMT | 2.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $2.98594 | Dec 12, 2024 |
| Dec 13, 2023 | $1.17166 | Dec 13, 2023 |
| Dec 13, 2022 | $2.28173 | Dec 13, 2022 |
| Dec 3, 2021 | $2.03145 | Dec 3, 2021 |
| Dec 4, 2020 | $1.09696 | Dec 4, 2020 |
| Dec 5, 2019 | $1.75428 | Dec 5, 2019 |