About SHRAX
ClearBridge Growth Fund Class A is an actively managed mutual fund designed to deliver capital appreciation by investing primarily in common stocks of companies with above-average earnings growth potential. The fund targets businesses that the management team believes are experiencing, or are poised to experience, earnings growth rates higher than the average of companies in the S&P 500 Index. Its investment approach is all-cap in nature, with an emphasis on both large and mid-sized enterprises, occasionally venturing into smaller-cap companies for added growth prospects. Notably, it can allocate up to 25% of its assets to foreign securities, offering a measure of global diversification.
The fund’s portfolio is concentrated, with the top ten holdings—including industry leaders in technology and healthcare—constituting over half of its total assets. This focus reflects the managers’ conviction in select growth-oriented sectors, particularly technology, healthcare, and communication services. Since its inception in 1983, ClearBridge Growth Fund Class A has evolved with market trends and management shifts, most recently transitioning its benchmark from the Russell 3000 Growth Index to the Russell Midcap Growth Index to better align with its actual investment style. Overall, the fund plays a significant role for investors seeking exposure to dynamic, growth-driven equities within a diversified mutual fund structure.
Fund Family Franklin Templeton Investments
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SHRAX
Share Class Class A
Index Russell 3000 Growth TR
SHRAX had a total return of 1.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.92%.
