ClearBridge Tactical Dividend Income C (SMDLX)
| Fund Assets | 356.62M |
| Expense Ratio | 2.15% |
| Min. Investment | $1,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 2.61% |
| Dividend Growth | -2.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 23.48 |
| YTD Return | 1.69% |
| 1-Year Return | 2.39% |
| 5-Year Return | 72.72% |
| 52-Week Low | 19.83 |
| 52-Week High | 24.42 |
| Beta (5Y) | n/a |
| Holdings | 85 |
| 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.
Performance
SMDLX had a total return of 2.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
Top 10 Holdings
22.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Marvell Technology, Inc. | MRVL | 2.86% |
| NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) | NEE.6.926 09.01.25 | 2.56% |
| PPL Corporation | PPL | 2.40% |
| Apple Inc. | AAPL | 2.26% |
| Oracle Corporation | ORCL | 2.14% |
| Enterprise Products Partners L.P. | EPD | 2.07% |
| JPMorgan Chase & Co. | JPM | 2.06% |
| Energy Transfer LP | ET | 2.04% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 1.95% |
| Lennar Corporation | LEN | 1.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.14724 | Sep 30, 2025 |
| 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 |