ClearBridge Tactical Dividend Income Fund Class C (SMDLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
22.90
-0.21 (-0.91%)
Jul 7, 2025, 4:00 PM EDT
4.19%
Fund Assets 345.86M
Expense Ratio 2.15%
Min. Investment $1,000
Turnover 59.00%
Dividend (ttm) 0.62
Dividend Yield 2.67%
Dividend Growth -2.52%
Payout Frequency Quarterly
Ex-Dividend Date n/a
Previous Close 23.11
YTD Return -1.03%
1-Year Return 6.32%
5-Year Return 83.77%
52-Week Low 19.83
52-Week High 24.42
Beta (5Y) n/a
Holdings 84
Inception Date Sep 22, 2000

About SMDLX

The ClearBridge Tactical Dividend Income Fund Class C is an open-end mutual fund that primarily focuses on generating high current income, with capital appreciation as a secondary objective. The fund invests at least 80% of its net assets in a diverse portfolio of income-producing equity and equity-related securities, including dividend-paying stocks, master limited partnerships (MLPs), and real estate investment trusts (REITs). Its approach is both tactical and diversified, seeking steady dividend income by actively managing allocations across sectors and market capitalizations. The investment process employs a combination of bottom-up and top-down analysis, leveraging proprietary research to identify value opportunities, particularly among U.S. companies considered to be socially conscious and environmentally responsible. The fund’s portfolio tends to concentrate notable positions in large-cap, value-oriented businesses while maintaining exposure to multiple industries. By benchmarking against indices such as the Russell 3000 and the Dow Jones U.S. Select Dividend Index, the fund aims to deliver a blend of income stability and market participation for income-focused investors.

Fund Family Franklin Templeton Investments
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol SMDLX
Share Class Class C
Index Dow Jones US Select Dividend Total Return Index

Performance

SMDLX had a total return of 6.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
LCBDX Class Is 1.07%
LADIX Class I 1.17%
CFLGX Class A 1.41%

Top 10 Holdings

20.76% of assets
Name Symbol Weight
NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) NEE.6.926 09.01.25 2.54%
PPL Corporation PPL 2.40%
Energy Transfer LP ET 2.06%
Enterprise Products Partners L.P. EPD 2.03%
JPMorgan Chase & Co. JPM 2.01%
Equity LifeStyle Properties, Inc. ELS 1.99%
The Procter & Gamble Company PG 1.99%
PepsiCo, Inc. PEP 1.96%
Union Pacific Corporation UNP 1.96%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A BA.6 10.15.27 1.80%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 30, 2025 $0.14847 Jun 30, 2025
Mar 31, 2025 $0.14826 Mar 31, 2025
Dec 20, 2024 $0.16982 Dec 20, 2024
Sep 30, 2024 $0.14992 Sep 30, 2024
Jun 28, 2024 $0.14877 Jun 28, 2024
Mar 28, 2024 $0.16404 Mar 28, 2024
Full Dividend History