About SBMAX
ClearBridge Mid Cap Fund Class A is a mutual fund specializing in investments in medium capitalization U.S. companies. The fund’s primary objective is long-term capital growth, achieved by allocating at least 80% of its net assets to equity securities or similar investments with mid-cap characteristics. Its diversified portfolio typically includes companies from sectors such as healthcare, technology, financial services, basic materials, industrials, consumer cyclical, and consumer defensive, with notable holdings like Icon PLC, Marvell Technology Inc, and Arch Capital Group Ltd. Established in 1998, the fund is managed using a disciplined and transparent investment process aimed at capturing opportunities within the dynamic mid-cap segment, which often features companies poised for above-average growth. With more than 60 holdings and total assets nearing $2 billion, the fund plays a significant role in providing investors with access to the potential of mid-sized companies, balancing growth prospects and risk. The fund distributes dividends semi-annually and requires a minimum initial investment, making it accessible for a range of investors seeking exposure to mid-cap equities within the broader asset allocation of a diversified portfolio.
Fund Family Franklin Templeton Investments
Category Mid-Cap Blend
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SBMAX
Share Class Class A
Index Russell MidCap TR
SBMAX had a total return of 9.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.24%.
