CFLGX: ClearBridge Tactical Dividend Income Fund - MutualFunds.com

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ClearBridge Tactical Dividend Income A

CFLGX - Snapshot

Vitals

  • YTD Return -12.7%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $284 M
  • Holdings in Top 10 37.7%

52 WEEK LOW AND HIGH

$16.39
$11.29
$19.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.20%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare CFLGX to Popular U.S. Large-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$107.14

+0.23%

$82.66 B

2.81%

$3.00

-10.89%

0.04%

$41.83

+0.34%

$82.66 B

1.86%

$0.78

-10.58%

0.17%

$42.16

+0.29%

$62.81 B

4.76%

$2.00

-3.13%

0.59%

$171.63

+0.64%

$60.60 B

12.13%

$20.68

-11.42%

0.52%

$41.50

+0.41%

$48.22 B

3.19%

$1.32

-6.59%

0.83%

CFLGX - Profile

Distributions

  • YTD Total Return -12.7%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ClearBridge Tactical Dividend Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Oct 19, 1990
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark McAllister

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, if any, in equity and equity-related securities that provide investment income, dividend payments or other distributions or in other investments with similar economic characteristics. The fund may invest in equity and equity-related securities of issuers with any market capitalization.


CFLGX - Performance

Return Ranking - Trailing

Period CFLGX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.7% -33.6% 252.8% 75.66%
1 Yr -5.8% -28.2% 22.1% 57.13%
3 Yr 3.5%* -10.2% 12.3% 35.46%
5 Yr 5.7%* -2.8% 16.0% 75.79%
10 Yr 6.2%* 3.7% 12.9% 97.26%

* Annualized

Return Ranking - Calendar

Period CFLGX Return Category Return Low Category Return High Rank in Category (%)
2019 25.3% -32.1% 76.3% 11.55%
2018 -10.5% -62.4% 16.7% 14.26%
2017 1.6% -72.0% 37.9% 87.51%
2016 5.9% -61.4% 31.0% 85.17%
2015 -18.7% -47.3% 4.6% 94.05%

Total Return Ranking - Trailing

Period CFLGX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.7% -33.6% 252.8% 75.74%
1 Yr -11.2% -28.2% 22.1% 84.88%
3 Yr 1.5%* -11.0% 12.3% 59.04%
5 Yr 4.5%* -3.1% 16.0% 88.97%
10 Yr 5.5%* 3.7% 12.9% 98.52%

* Annualized

Total Return Ranking - Calendar

Period CFLGX Return Category Return Low Category Return High Rank in Category (%)
2019 25.3% -32.1% 76.3% 11.55%
2018 -7.3% -37.1% 17.4% 15.93%
2017 6.7% -9.5% 37.9% 91.20%
2016 11.6% -27.9% 32.2% 66.83%
2015 -13.9% -28.9% 4.6% 93.94%

NAV & Total Return History


CFLGX - Holdings

Concentration Analysis

CFLGX Category Low Category High CFLGX % Rank
Net Assets 284 M 390 K 82.7 B 65.94%
Number of Holdings 84 1 1643 46.27%
Net Assets in Top 10 109 M 68.9 K 20.4 B 59.82%
Weighting of Top 10 37.67% 5.4% 100.0% 15.60%

Top 10 Holdings

  1. Apple Inc 6.07%
  2. Microsoft Corp 5.84%
  3. Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A 5.39%
  4. Lockheed Martin Corp 3.45%
  5. Blackstone Group Inc 3.41%
  6. Energy Transfer LP 3.19%
  7. 2020 Cash Mandatory Exchangeable Trust 5.25% 3.03%
  8. Merck & Co Inc 2.87%
  9. Qualcomm Inc 2.74%
  10. Enterprise Products Partners LP 2.51%

Asset Allocation

Weighting Return Low Return High CFLGX % Rank
Stocks
77.81% 10.12% 147.71% 98.05%
Preferred Stocks
17.42% 0.00% 18.70% 0.16%
Convertible Bonds
1.72% 0.00% 9.42% 1.79%
Cash
1.53% -129.21% 89.88% 42.78%
Other
1.52% -3.00% 90.90% 2.60%
Bonds
0.00% 0.00% 41.02% 20.70%

Stock Sector Breakdown

Weighting Return Low Return High CFLGX % Rank
Technology
25.16% 0.00% 54.02% 3.75%
Real Estate
14.50% 0.00% 88.59% 0.41%
Energy
13.91% 0.00% 24.13% 1.22%
Industrials
11.68% 0.00% 47.37% 56.20%
Financial Services
9.70% 0.00% 61.01% 93.80%
Healthcare
7.98% 0.00% 31.61% 95.68%
Utilities
7.16% 0.00% 45.51% 20.64%
Basic Materials
4.57% 0.00% 23.60% 26.92%
Consumer Defense
4.26% 0.00% 31.06% 90.38%
Communication Services
1.08% 0.00% 23.33% 97.72%
Consumer Cyclical
0.00% 0.00% 30.80% 97.72%

Stock Geographic Breakdown

Weighting Return Low Return High CFLGX % Rank
US
75.41% 10.12% 146.42% 94.81%
Non US
2.40% -0.14% 37.07% 60.80%

CFLGX - Expenses

Operational Fees

CFLGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.01% 19.26% 34.16%
Management Fee 0.75% 0.00% 1.50% 81.51%
12b-1 Fee 0.25% 0.00% 1.00% 28.55%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

CFLGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 6.06%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CFLGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CFLGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.00% 481.00% 29.81%

CFLGX - Distributions

Dividend Yield Analysis

CFLGX Category Low Category High CFLGX % Rank
Dividend Yield 0.00% 0.00% 22.77% 22.33%

Dividend Distribution Analysis

CFLGX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

CFLGX Category Low Category High CFLGX % Rank
Net Income Ratio 2.18% -1.51% 5.26% 27.58%

Capital Gain Distribution Analysis

CFLGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

CFLGX - Fund Manager Analysis

Managers

Mark McAllister


Start Date

Tenure

Tenure Rank

Jan 17, 2012

8.71

8.7%

Mark McAllister, CFA, and Peter Vanderlee, CFA, have served as co-portfolio managers of the fund since January 2012. Messrs. McAllister and Vanderlee are primarily responsible for overseeing the day-to-day operation of the fund and have the ultimate authority to make portfolio decisions. Mr. McAllister is a Managing Director and Senior Portfolio Manager of ClearBridge specializing in REIT portfolios. He has 27 years of investment industry experience. Mr. McAllister joined a predecessor firm of ClearBridge in 1999 and until 2007 was a Managing Director and Senior Portfolio Manager focusing on large cap value strategies. Most recently, he was a Partner at High Rise Capital Management. Previously, Mr. McAllister worked for JLW Capital Management as a Portfolio Manager, for Cohen & Steers Capital Management as a Security Analyst and Investment Committee member and for Metropolitan Life as a Real Estate Analyst.

Peter Vanderlee


Start Date

Tenure

Tenure Rank

Jan 17, 2012

8.71

8.7%

Peter Vanderlee is a Managing Director and Portfolio Manager at ClearBridgeof ClearBridge and has 20 years of industry experience and 11 years of related industry experience. He joined the subadviser or its predecessor in 2005. His investment industry experience includes a senior associate position in the Financial Services and Information Technology Group of Booz & Co. and a senior position as first vice president within the Information Technology Division of Citigroup Inc. Previously, he was with Citigroup Global Markets Inc. (“CGMI”) since 1999. Mr. Vanderlee received his MS in Math/Computer Science from the University of Technology, Eindhoven, Holland and his MBA from New York University’s Leonard N. Stern School of Business. He is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 84.93 7.16 5.05