LBGIX: ClearBridge Mid Cap Growth I

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LBGIX ClearBridge Mid Cap Growth I


Profile

LBGIX - Profile

Vitals

  • YTD Return 8.1%
  • 3 Yr Annualized Return 7.4%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $90.3 M
  • Holdings in Top 10 30.3%

52 WEEK LOW AND HIGH

$31.95
$28.09
$32.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    ClearBridge Mid Cap Growth Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Aug 31, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Russell

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities of medium capitalization companies or other investments with similar economic characteristics. The fund may invest up to 25% of its net assets in the securities of foreign companies. The fund normally invests in a relatively small number of stocks selected for their long-term growth potential.


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Categories

Performance

LBGIX - Performance

Return Ranking - Trailing

Period LBGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -0.6% 25.1% 35.91%
1 Yr 11.8% -53.8% 58.9% 63.57%
3 Yr 7.4%* -38.3% 45.0% 45.09%
5 Yr 5.7%* -30.4% 25.8% 32.47%
10 Yr N/A* -15.0% 20.0% N/A

* Annualized

Return Ranking - Calendar

Period LBGIX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -50.2% 44.9% 71.38%
2018 -15.4% -51.7% 102.3% 48.57%
2017 20.2% -21.1% 36.0% 28.84%
2016 2.3% -61.7% 40.3% 42.42%
2015 0.4% -54.0% 12.2% 10.56%

Total Return Ranking - Trailing

Period LBGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -0.6% 25.1% 35.91%
1 Yr 11.8% -53.8% 58.9% 63.57%
3 Yr 8.2%* -33.5% 45.0% 63.77%
5 Yr 6.1%* -21.0% 25.8% 60.22%
10 Yr N/A* -10.3% 20.0% N/A

* Annualized

Total Return Ranking - Calendar

Period LBGIX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -50.2% 44.9% 71.38%
2018 -15.4% -51.7% 102.3% 65.05%
2017 23.0% -7.0% 39.4% 51.42%
2016 2.3% -61.7% 40.3% 65.57%
2015 0.4% -54.0% 12.2% 31.47%

NAV & Total Return History


Holdings

LBGIX - Holdings

Concentration Analysis

LBGIX Category Low Category High LBGIX % Rank
Net Assets 90.3 M 753 K 34.2 B 84.92%
Number of Holdings 59 1 2554 75.38%
Net Assets in Top 10 27.1 M 186 K 6.42 B 83.25%
Weighting of Top 10 30.27% 5.9% 100.0% 26.30%

Top 10 Holdings

  1. SBA Communications Corp 3.32%
  2. Ross Stores Inc 3.30%
  3. Splunk Inc 3.26%
  4. Mettler-Toledo International Inc 3.08%
  5. Atlassian Corporation PLC A 3.07%
  6. Martin Marietta Materials Inc 2.96%
  7. ServiceNow Inc 2.93%
  8. Live Nation Entertainment Inc 2.89%
  9. Fortinet Inc 2.79%
  10. Aspen Technology Inc 2.67%

Asset Allocation

Weighting Return Low Return High LBGIX % Rank
Stocks
99.67% 85.73% 121.88% 13.23%
Cash
0.33% -27.03% 11.60% 84.42%
Preferred Stocks
0.00% 0.00% 1.49% 75.54%
Other
0.00% -10.22% 5.15% 75.38%
Convertible Bonds
0.00% 0.00% 0.16% 73.03%
Bonds
0.00% 0.00% 6.52% 73.53%

Stock Sector Breakdown

Weighting Return Low Return High LBGIX % Rank
Technology
32.47% 0.00% 56.36% 19.43%
Healthcare
16.95% 0.00% 41.67% 45.73%
Industrials
13.19% 0.00% 33.54% 79.56%
Consumer Cyclical
12.85% 2.74% 58.77% 62.65%
Real Estate
7.99% 0.00% 52.42% 16.58%
Communication Services
4.76% 0.00% 18.12% 35.34%
Financial Services
4.36% 0.00% 40.35% 88.78%
Consumer Defense
3.63% 0.00% 16.09% 40.54%
Basic Materials
2.97% 0.00% 19.70% 27.81%
Energy
0.84% 0.00% 12.44% 43.55%
Utilities
0.00% 0.00% 6.40% 79.23%

Stock Geographic Breakdown

Weighting Return Low Return High LBGIX % Rank
US
95.25% 80.33% 115.67% 49.58%
Non US
4.42% 0.00% 16.67% 30.82%

Expenses

LBGIX - Expenses

Operational Fees

LBGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.05% 6.14% 55.02%
Management Fee 0.75% 0.00% 1.50% 53.36%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

LBGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LBGIX 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.

LBGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 1.24% 385.00% 21.02%

Distributions

LBGIX - Distributions

Dividend Yield Analysis

LBGIX Category Low Category High LBGIX % Rank
Dividend Yield 0.00% 0.00% 40.72% 73.87%

Dividend Distribution Analysis

LBGIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

LBGIX Category Low Category High LBGIX % Rank
Net Income Ratio -0.27% -2.55% 2.65% 45.50%

Capital Gain Distribution Analysis

LBGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

LBGIX - Fund Manager Analysis

Managers

Jeffrey Russell


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

38 years of investment industry experience; Joined a predecessor firm in 1990; Member of the ClearBridge Management Committee; Member of the New York Society of Security Analysts Member of the CFA Institute; Drexel Burnham Lambert - International Portfolio Manager, a Media Analyst and a Global Portfolio Manager MBA from the Wharton School at the University of Pennsylvania; BS in Civil Engineering from the Massachusetts Institute of Technology.

Brian Angerame


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

22 years of investment industry experience; Joined a predecessor organization in 2000; Member of the New York Society of Security Analysts Prudential Investments - Analyst; Assisted in management of Prudential Real Estate Securities Fund; BA in Government from Dartmouth College.

Derek Deutsch


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

Derek manages the ClearBridge Mid Cap, ClearBridge Mid Cap Growth, ClearBridge SMID Cap Growth and ClearBridge Sustainability Leaders strategy products. Derek has 19 years of investment industry experience. He joined a predecessor organization in 1999, and spent six years as a Sector Analyst responsible for the health care sector. Prior to joining the firm, Derek worked as a special assistant at the U.S. Department of Health and Human Services in Washington, D.C., and also as a journalist covering health care policy for the American Political Network. Derek earned a BA from Brown University and an MBA from Georgetown University. He is a member of the CFA Institute and of the New York Society of Security Analysts. - See more at: https://www.clearbridge.com/about/team/portfolio-management/deutsch-derek.html?team=portfolio_management#sthash.JdhhLgNW.dpuf

Aram Green


Start Date

Tenure

Tenure Rank

Aug 31, 2010

9.42

9.4%

18 years of investment industry experience; Joined ClearBridge Investments in 2006 Hygrove Partners, LLC - Equity Analyst iCollege - Co-founder, Executive Vice President; BA from Union College

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.1 7.96 3.92