ClearBridge Tactical Dividend Income C (SMDLX)

Fund Assets	349.09M
Expense Ratio	2.10%
Min. Investment	$1,000
Turnover	79.00%
Dividend (ttm)	0.58
Dividend Yield	2.38%
Dividend Growth	-5.34%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	24.54
YTD Return	7.86%
1-Year Return	9.48%
5-Year Return	48.80%
52-Week Low	22.71
52-Week High	25.73
Beta (5Y)	1.13
Holdings	81
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, Inc
• Category: Large Value
• Performance Rating: Below Average
• Risk Rating: Below Average
• 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 9.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.76%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LCBDX	Class Is	1.02%
LADIX	Class I	1.13%
CFLGX	Class A	1.36%

Top 10 Holdings

26.04% of assets

Name	Symbol	Weight
Apple Inc.	AAPL	3.69%
Energy Transfer LP	ET	3.20%
Microsoft Corporation	MSFT	3.14%
The Williams Companies, Inc.	WMB	2.81%
Union Pacific Corporation	UNP	2.70%
JPMorgan Chase & Co.	JPM	2.42%
Alphabet Inc.	GOOGL	2.40%
Emerson Electric Co.	EMR	2.02%
DTE Energy Company	DTE	1.87%
ONEOK, Inc.	OKE	1.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.14566	Jun 30, 2026
Mar 31, 2026	$0.14107	Mar 31, 2026
Dec 19, 2025	$0.46729	Dec 19, 2025
Sep 30, 2025	$0.14724	Sep 30, 2025
Jun 30, 2025	$0.14847	Jun 30, 2025
Mar 31, 2025	$0.14826	Mar 31, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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