ClearBridge Tactical Dividend Income A2
Name
As of 06/24/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
14.4%
1 yr return
34.2%
3 Yr Avg Return
12.7%
5 Yr Avg Return
9.6%
Net Assets
$339 M
Holdings in Top 10
32.9%
52 WEEK LOW AND HIGH
$20.4
$15.60
$20.67
Expenses
OPERATING FEES
Expense Ratio 1.59%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/24/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
LBDAX - Profile
Distributions
- YTD Total Return 14.4%
- 3 Yr Annualized Total Return 10.5%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.91%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameClearBridge Tactical Dividend Income Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJun 03, 2013
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
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.
The fund invests in a diversified portfolio of equity and equity-related securities, including common stocks, preferred stocks, convertible preferred stocks and other securities convertible into equity securities, master limited partnerships (“MLPs”), real estate investment trusts (“REITs”), close-end investment companies, including business development companies (“BDCs”), and royalty trusts. The fund may invest up to 50% of its net assets in foreign securities, including securities of issuers in emerging market countries.
The fund may also seek to generate current income from short-term gains earned through an option strategy which may consist of writing (selling) call options on equity securities in its portfolio (“covered calls”) and on broader equity market indexes, or writing (selling) put options on such securities or indexes. The fund’s investments in options on equity securities and equity market indexes are included in the 80% policy described above.
The fund may invest up to 20% of its assets in fixed income securities of any credit quality, including securities rated below investment grade or, if unrated, deemed by the subadviser to be of comparable quality (“high yield” or “junk” bonds). The fund’s investments in fixed income securities may include structured notes.
LBDAX - Performance
Return Ranking - Trailing
Period | LBDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | -88.1% | 47.4% | 81.18% |
1 Yr | 34.2% | -11.4% | 102.8% | 83.13% |
3 Yr | 12.7%* | -1.8% | 24.5% | 36.00% |
5 Yr | 9.6%* | 2.5% | 21.7% | 86.85% |
10 Yr | 6.9%* | 1.1% | 17.7% | 99.19% |
* Annualized
Return Ranking - Calendar
Period | LBDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.8% | -26.7% | 285.0% | 82.62% |
2022 | 25.3% | -32.1% | 76.3% | 12.59% |
2021 | -10.6% | -62.4% | 16.7% | 15.90% |
2020 | 1.6% | -72.0% | 37.9% | 88.43% |
2019 | 5.8% | -61.4% | 31.0% | 85.07% |
Total Return Ranking - Trailing
Period | LBDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.4% | -88.1% | 47.4% | 81.18% |
1 Yr | 26.5% | -11.4% | 102.8% | 93.53% |
3 Yr | 10.5%* | -1.8% | 24.5% | 65.59% |
5 Yr | 8.4%* | 2.1% | 21.7% | 92.54% |
10 Yr | 6.3%* | 0.9% | 17.7% | 99.42% |
* Annualized
Total Return Ranking - Calendar
Period | LBDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -4.8% | -26.7% | 285.0% | 82.62% |
2022 | 25.3% | -32.1% | 76.3% | 12.59% |
2021 | -7.3% | -37.1% | 17.4% | 17.81% |
2020 | 6.6% | -9.5% | 37.9% | 90.99% |
2019 | 11.3% | -27.9% | 32.2% | 66.97% |
NAV & Total Return History
LBDAX - Holdings
Concentration Analysis
LBDAX | Category Low | Category High | LBDAX % Rank | |
---|---|---|---|---|
Net Assets | 339 M | 200 | 126 B | 68.25% |
Number of Holdings | 92 | 2 | 1665 | 34.59% |
Net Assets in Top 10 | 105 M | 1.41 K | 26.6 B | 51.49% |
Weighting of Top 10 | 32.88% | 5.2% | 100.0% | 34.86% |
Top 10 Holdings
- Microsoft Corp 4.70%
- Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A 4.54%
- Apple Inc 3.96%
- Enterprise Products Partners LP 3.94%
- Energy Transfer LP 3.40%
- Merck & Co Inc 2.87%
- Blackstone Group Inc 2.83%
- Lockheed Martin Corp 2.69%
- Magellan Midstream Partners LP 2.57%
- Qualcomm Inc 2.51%
Asset Allocation
Weighting | Return Low | Return High | LBDAX % Rank | |
---|---|---|---|---|
Stocks | 79.89% | 51.79% | 148.15% | 99.42% |
Preferred Stocks | 14.98% | 0.00% | 14.98% | 0.13% |
Convertible Bonds | 3.95% | 0.00% | 9.18% | 0.84% |
Cash | 1.18% | -75.04% | 21.41% | 43.33% |
Other | 0.00% | -6.11% | 26.80% | 74.61% |
Bonds | 0.00% | 0.00% | 72.71% | 76.17% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LBDAX % Rank | |
---|---|---|---|---|
Technology | 22.05% | 0.00% | 54.02% | 5.98% |
Energy | 21.73% | 0.00% | 26.93% | 0.45% |
Financial Services | 14.67% | 0.00% | 56.27% | 80.12% |
Industrials | 11.42% | 0.00% | 45.00% | 63.42% |
Real Estate | 8.92% | 0.00% | 97.80% | 5.59% |
Utilities | 7.50% | 0.00% | 31.25% | 15.66% |
Healthcare | 5.91% | 0.00% | 36.74% | 94.87% |
Basic Materials | 3.78% | 0.00% | 26.24% | 47.04% |
Consumer Defense | 3.45% | 0.00% | 37.87% | 92.20% |
Communication Services | 0.58% | 0.00% | 25.29% | 93.57% |
Consumer Cyclical | 0.00% | 0.00% | 34.87% | 98.83% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LBDAX % Rank | |
---|---|---|---|---|
US | 74.83% | 26.40% | 146.50% | 95.27% |
Non US | 5.06% | 0.00% | 47.25% | 39.31% |
LBDAX - Expenses
Operational Fees
LBDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.59% | 0.01% | 4.02% | 10.71% |
Management Fee | 0.75% | 0.00% | 1.69% | 87.35% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 51.05% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
LBDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 0.00% | 5.75% | 13.52% |
Deferred Load | N/A | 0.95% | 5.50% | N/A |
Trading Fees
LBDAX 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.
LBDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 488.00% | 49.75% |
LBDAX - Distributions
Dividend Yield Analysis
LBDAX | Category Low | Category High | LBDAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.78% | 0.00% | 1.35% | 75.56% |
Dividend Distribution Analysis
LBDAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
LBDAX | Category Low | Category High | LBDAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.91% | -3.83% | 5.38% | 5.86% |
Capital Gain Distribution Analysis
LBDAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.194 | |
Dec 20, 2018 | $0.195 | |
Sep 27, 2018 | $0.188 | |
Jun 28, 2018 | $0.190 | |
Mar 28, 2018 | $0.195 | |
Dec 21, 2017 | $0.189 | |
Sep 29, 2017 | $0.192 | |
Jun 30, 2017 | $0.222 | |
Mar 31, 2017 | $0.205 | |
Dec 22, 2016 | $0.219 | |
Sep 30, 2016 | $0.194 | |
Jun 30, 2016 | $0.190 | |
Mar 31, 2016 | $0.228 | |
Dec 22, 2015 | $0.223 | |
Sep 30, 2015 | $0.225 | |
Jun 30, 2015 | $0.221 | |
Mar 31, 2015 | $0.269 | |
Dec 23, 2014 | $0.237 | |
Sep 30, 2014 | $0.185 | |
Jun 27, 2014 | $0.215 | |
Mar 28, 2014 | $0.500 | |
Dec 26, 2013 | $0.190 | |
Sep 30, 2013 | $0.186 | |
Jun 26, 2013 | $0.242 |