Fund
LBFIX
Price as of:
$53.35
+ $0.13
+ 0.24%
Primary Theme
fund company
Name
As of 11/01/2024Price
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
15.5%
1 yr return
31.0%
3 Yr Avg Return
-2.9%
5 Yr Avg Return
14.3%
Net Assets
$3.26 B
Holdings in Top 10
35.6%
52 WEEK LOW AND HIGH
$53.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.11%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
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
LBFIX - Profile
Distributions
- YTD Total Return 15.5%
- 3 Yr Annualized Total Return -2.9%
- 5 Yr Annualized Total Return 14.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.68%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameClearBridge Select Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateNov 30, 2012
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAram Green
Fund Description
The fund seeks to achieve its investment objective by taking an unconstrained approach to investing with an emphasis on equity securities. Under normal circumstances, the fund invests primarily in publicly traded equity and equity-related securities of U.S. and non-U.S. companies or other instruments with similar economic characteristics. The fund may invest in securities of issuers of any market capitalization. The fund has no geographical limits on where it may invest—it may invest in both developed and emerging markets. The fund may invest in securities issued through private placements.
While the fund expects to invest primarily in equity and equity-related securities, the fund may, at times, also invest to a significant extent in fixed income securities, including lower-rated, high yielding debt securities (commonly known as “junk” bonds), when the portfolio manager believes such securities will provide more attractive total return opportunities compared to equity securities.
The fund uses a bottom-up investment methodology for equity securities selection that relies extensively on fundamental research to identify companies with strong growth prospects and/or attractive valuations, without regard to a benchmark. As a result, the fund’s holdings may deviate significantly from its performance benchmark.
The fund uses a focused approach of investing in a smaller number of issuers, which may result in significant exposure to certain industries or sectors, such as information technology and internet technology services. If market conditions warrant, the fund may enter into short positions on securities, indexes or other instruments.
The fund uses a bottom-up investment methodology for fixed income securities selection that relies extensively on fundamental research to identify companies with strong growth prospects and/or attractive valuations.
The fund may invest in futures, options, forward contracts, and swaps, among other derivative instruments. Derivatives and short positions may be used as a hedging technique in an attempt to manage risk in the fund’s portfolio, as a substitute for buying or selling securities, as a cash flow management technique, or as a means of enhancing returns.
The fund is classified as “non-diversified”, which means that it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.
LBFIX - Performance
Return Ranking - Trailing
| Period | LBFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.5% | -11.5% | 91.2% | 28.82% |
| 1 Yr | 31.0% | 11.9% | 81.9% | 35.31% |
| 3 Yr | -2.9%* | -27.9% | 54.8% | 55.81% |
| 5 Yr | 14.3%* | -3.4% | 101.5% | 6.76% |
| 10 Yr | 14.8%* | 2.3% | 25.1% | 5.95% |
* Annualized
Return Ranking - Calendar
| Period | LBFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.1% | -27.7% | 68.0% | 18.77% |
| 2022 | -33.1% | -85.6% | 52.8% | 64.74% |
| 2021 | 16.3% | -74.9% | 238.3% | 9.92% |
| 2020 | 58.7% | -44.1% | 2474.5% | 7.58% |
| 2019 | 33.5% | -50.2% | 44.0% | 16.49% |
Total Return Ranking - Trailing
| Period | LBFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.5% | -11.5% | 91.2% | 28.82% |
| 1 Yr | 31.0% | 11.9% | 81.9% | 35.31% |
| 3 Yr | -2.9%* | -27.9% | 54.8% | 55.81% |
| 5 Yr | 14.3%* | -3.4% | 101.5% | 6.76% |
| 10 Yr | 14.8%* | 2.3% | 25.1% | 5.95% |
* Annualized
Total Return Ranking - Calendar
| Period | LBFIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.1% | -26.1% | 68.0% | 26.44% |
| 2022 | -33.1% | -67.0% | 56.8% | 75.34% |
| 2021 | 20.3% | -23.5% | 342.2% | 16.47% |
| 2020 | 58.7% | 2.6% | 2549.1% | 15.37% |
| 2019 | 33.5% | 14.6% | 44.8% | 52.64% |
NAV & Total Return History
LBFIX - Holdings
Concentration Analysis
| LBFIX | Category Low | Category High | LBFIX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.26 B | 2.73 M | 100 B | 27.10% |
| Number of Holdings | 82 | 24 | 3581 | 44.08% |
| Net Assets in Top 10 | 1.15 B | 670 K | 11.3 B | 24.05% |
| Weighting of Top 10 | 35.61% | 4.5% | 98.2% | 25.19% |
Top 10 Holdings
- NVIDIA Corp 6.31%
- SERVICENOW INC 5.12%
- APPLE INC 4.79%
- Microsoft Corp 3.31%
- MERCADOLIBRE INC 3.28%
- KKR Co Inc 3.24%
- Performance Food Group Co 2.78%
- Copart Inc 2.43%
- Casey's General Stores Inc 2.19%
- WillScot Holdings Corp 2.17%
Asset Allocation
| Weighting | Return Low | Return High | LBFIX % Rank | |
|---|---|---|---|---|
| Stocks | 97.45% | 58.72% | 103.99% | 68.51% |
| Cash | 1.90% | 0.00% | 28.07% | 47.33% |
| Bonds | 0.65% | 0.00% | 2.73% | 2.48% |
| Preferred Stocks | 0.00% | 0.00% | 5.73% | 76.53% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 73.66% |
| Other | 0.00% | -0.04% | 14.45% | 98.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | LBFIX % Rank | |
|---|---|---|---|---|
| Technology | 30.71% | 0.04% | 62.17% | 57.82% |
| Consumer Cyclical | 15.09% | 0.00% | 57.41% | 42.56% |
| Healthcare | 12.45% | 0.00% | 37.06% | 85.88% |
| Industrials | 11.27% | 0.00% | 38.23% | 78.24% |
| Financial Services | 8.88% | 0.00% | 43.01% | 36.64% |
| Consumer Defense | 6.62% | 0.00% | 16.40% | 4.39% |
| Real Estate | 6.12% | 0.00% | 19.28% | 16.98% |
| Energy | 4.05% | 0.00% | 62.10% | 21.56% |
| Communication Services | 3.43% | 0.00% | 18.33% | 37.21% |
| Basic Materials | 1.33% | 0.00% | 17.25% | 65.27% |
| Utilities | 0.06% | 0.00% | 12.94% | 24.62% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | LBFIX % Rank | |
|---|---|---|---|---|
| US | 97.45% | 46.79% | 103.99% | 59.54% |
| Non US | 0.00% | 0.00% | 34.12% | 79.77% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | LBFIX % Rank | |
|---|---|---|---|---|
| Corporate | 15.77% | 0.00% | 100.00% | 6.83% |
| Cash & Equivalents | 1.84% | 0.00% | 100.00% | 45.04% |
| Securitized | 0.00% | 0.00% | 30.57% | 73.50% |
| Municipal | 0.00% | 0.00% | 0.02% | 73.50% |
| Government | 0.00% | 0.00% | 99.86% | 73.71% |
| Derivative | 0.00% | -0.04% | 14.45% | 98.09% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | LBFIX % Rank | |
|---|---|---|---|---|
| US | 0.65% | 0.00% | 2.73% | 2.48% |
| Non US | 0.00% | 0.00% | 0.02% | 73.28% |
LBFIX - Expenses
Operational Fees
| LBFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.11% | 0.02% | 17.54% | 46.18% |
| Management Fee | 0.95% | 0.00% | 1.50% | 90.82% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| LBFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| LBFIX 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.
| LBFIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 25.00% | 0.00% | 250.31% | 29.39% |
LBFIX - Distributions
Dividend Yield Analysis
| LBFIX | Category Low | Category High | LBFIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 78.82% |
Dividend Distribution Analysis
| LBFIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| LBFIX | Category Low | Category High | LBFIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.68% | -2.24% | 2.75% | 58.53% |
Capital Gain Distribution Analysis
| LBFIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 17, 2022 | $0.005 | CapitalGainLongTerm |
| Dec 03, 2021 | $1.819 | OrdinaryDividend |
| Jun 20, 2019 | $0.000 | CapitalGainLongTerm |
| Dec 06, 2018 | $0.148 | CapitalGainShortTerm |
| Dec 06, 2018 | $0.140 | CapitalGainLongTerm |
| Dec 06, 2017 | $0.107 | CapitalGainShortTerm |
| Dec 06, 2017 | $0.328 | CapitalGainLongTerm |
| Dec 08, 2016 | $0.169 | CapitalGainLongTerm |
| Dec 10, 2015 | $0.773 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.099 | CapitalGainShortTerm |
| Dec 11, 2014 | $0.411 | CapitalGainLongTerm |
| Dec 27, 2013 | $0.007 | OrdinaryDividend |
| Dec 12, 2013 | $0.520 | CapitalGainShortTerm |
LBFIX - Fund Manager Analysis
Managers
Aram Green
Start Date
Tenure
Tenure Rank
Nov 30, 2012
9.5
9.5%
Aram co-manages the Small Cap Growth, Mid Cap Growth and SMID Cap Growth products, and manages the Select strategy. He has 19 years of investment industry experience and began his career in asset management as an equity analyst at Hygrove Partners, LLC. Aram joined ClearBridge Investments as a research analyst in the Information Technology sector in 2006 before being named a portfolio manager. He is a member of the ClearBridge Management Committee. Prior to joining Hygrove, Aram was co-founder and executive vice president of iCollege, an infrastructure software company catering to the educational market place. In 2001, iCollege was acquired by BlackBoard Inc. Aram earned a BA in Economics from Union College. Aram serves as a board member for several non-profit organizations.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 11.76 |