ClearBridge Dividend Strategy Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
19.3%
1 yr return
25.4%
3 Yr Avg Return
9.1%
5 Yr Avg Return
12.3%
Net Assets
$8.33 B
Holdings in Top 10
32.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.73%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LCBOX - Profile
Distributions
- YTD Total Return 19.3%
- 3 Yr Annualized Total Return 9.1%
- 5 Yr Annualized Total Return 12.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.22%
- Dividend Yield 1.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameClearBridge Dividend Strategy Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateApr 29, 2011
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Clarfeld
Fund Description
LCBOX - Performance
Return Ranking - Trailing
Period | LCBOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | 3.5% | 44.2% | 74.77% |
1 Yr | 25.4% | 6.0% | 54.8% | 77.48% |
3 Yr | 9.1%* | -12.1% | 15.9% | 34.08% |
5 Yr | 12.3%* | -8.1% | 109.9% | 75.42% |
10 Yr | 10.9%* | -0.4% | 52.4% | 67.90% |
* Annualized
Return Ranking - Calendar
Period | LCBOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -42.6% | 47.4% | 94.38% |
2022 | -13.4% | -56.3% | -4.2% | 6.56% |
2021 | 14.6% | -27.2% | 537.8% | 63.00% |
2020 | 5.4% | -22.5% | 2181.7% | 81.49% |
2019 | 21.7% | -13.5% | 40.4% | 61.16% |
Total Return Ranking - Trailing
Period | LCBOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | 3.5% | 44.2% | 74.77% |
1 Yr | 25.4% | 6.0% | 54.8% | 77.48% |
3 Yr | 9.1%* | -12.1% | 15.9% | 34.08% |
5 Yr | 12.3%* | -8.1% | 109.9% | 75.42% |
10 Yr | 10.9%* | -0.4% | 52.4% | 67.90% |
* Annualized
Total Return Ranking - Calendar
Period | LCBOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.4% | -5.0% | 47.4% | 89.32% |
2022 | -8.2% | -36.8% | -2.2% | 4.59% |
2021 | 26.9% | 3.0% | 537.8% | 48.17% |
2020 | 7.6% | -15.8% | 2266.0% | 94.64% |
2019 | 31.3% | -0.4% | 241.3% | 29.31% |
NAV & Total Return History
LCBOX - Holdings
Concentration Analysis
LCBOX | Category Low | Category High | LCBOX % Rank | |
---|---|---|---|---|
Net Assets | 8.33 B | 2.34 M | 1.55 T | 18.68% |
Number of Holdings | 58 | 2 | 3963 | 71.41% |
Net Assets in Top 10 | 2.56 B | 880 K | 517 B | 24.29% |
Weighting of Top 10 | 32.91% | 0.3% | 112.9% | 69.74% |
Top 10 Holdings
- MICROSOFT CORP 4.45%
- Apollo Global Management Inc 3.51%
- WILLIAMS COS INC/THE 3.40%
- JPMORGAN CHASE CO 3.36%
- NESTLE SA 3.17%
- Sempra 3.15%
- Exxon Mobil Corp 3.07%
- COMCAST CORP-CLASS A 3.05%
- Becton Dickinson Co 2.91%
- Broadcom Inc 2.84%
Asset Allocation
Weighting | Return Low | Return High | LCBOX % Rank | |
---|---|---|---|---|
Stocks | 100.37% | 0.00% | 105.85% | 1.38% |
Cash | 0.64% | 0.00% | 99.07% | 61.41% |
Bonds | 0.00% | 0.00% | 94.06% | 11.21% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 16.00% |
Other | 0.00% | -13.91% | 100.00% | 40.94% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 11.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LCBOX % Rank | |
---|---|---|---|---|
Financial Services | 19.52% | 0.00% | 55.59% | 8.35% |
Technology | 15.98% | 0.00% | 48.94% | 88.42% |
Industrials | 11.72% | 0.00% | 29.90% | 21.59% |
Healthcare | 11.46% | 0.00% | 52.29% | 89.91% |
Consumer Defense | 9.10% | 0.00% | 47.71% | 16.63% |
Energy | 8.25% | 0.00% | 41.64% | 4.47% |
Basic Materials | 7.64% | 0.00% | 25.70% | 4.55% |
Communication Services | 6.15% | 0.00% | 27.94% | 77.92% |
Utilities | 5.62% | 0.00% | 20.91% | 6.04% |
Real Estate | 2.51% | 0.00% | 31.91% | 58.23% |
Consumer Cyclical | 2.06% | 0.00% | 30.33% | 98.01% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LCBOX % Rank | |
---|---|---|---|---|
US | 94.51% | 0.00% | 105.85% | 84.57% |
Non US | 5.86% | 0.00% | 64.54% | 7.80% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LCBOX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.64% | 0.00% | 100.00% | 55.41% |
Derivative | 0.00% | -1.75% | 25.41% | 31.81% |
Securitized | 0.00% | 0.00% | 52.16% | 9.89% |
Corporate | 0.00% | 0.00% | 100.00% | 20.03% |
Municipal | 0.00% | 0.00% | 2.10% | 9.04% |
Government | 0.00% | 0.00% | 100.00% | 12.45% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LCBOX % Rank | |
---|---|---|---|---|
US | 0.00% | 0.00% | 94.06% | 11.21% |
Non US | 0.00% | 0.00% | 14.23% | 9.10% |
LCBOX - Expenses
Operational Fees
LCBOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.73% | 0.01% | 19.75% | 55.11% |
Management Fee | 0.65% | 0.00% | 1.90% | 70.86% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
LCBOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
LCBOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
LCBOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 268.00% | 23.27% |
LCBOX - Distributions
Dividend Yield Analysis
LCBOX | Category Low | Category High | LCBOX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.30% | 0.00% | 25.47% | 5.62% |
Dividend Distribution Analysis
LCBOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
LCBOX | Category Low | Category High | LCBOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.22% | -54.00% | 2.44% | 18.59% |
Capital Gain Distribution Analysis
LCBOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.106 | OrdinaryDividend |
Mar 28, 2024 | $0.117 | OrdinaryDividend |
Dec 19, 2023 | $0.107 | OrdinaryDividend |
Dec 19, 2023 | $0.037 | CapitalGainShortTerm |
Dec 19, 2023 | $1.573 | CapitalGainLongTerm |
Sep 29, 2023 | $0.126 | OrdinaryDividend |
Jun 30, 2023 | $0.111 | OrdinaryDividend |
Jun 30, 2023 | $0.566 | CapitalGainLongTerm |
Mar 31, 2023 | $0.121 | OrdinaryDividend |
Dec 20, 2022 | $0.913 | OrdinaryDividend |
Sep 30, 2022 | $0.116 | OrdinaryDividend |
Jun 30, 2022 | $0.454 | OrdinaryDividend |
Mar 31, 2022 | $0.114 | OrdinaryDividend |
Dec 20, 2021 | $2.887 | OrdinaryDividend |
Sep 30, 2021 | $0.086 | OrdinaryDividend |
Jun 30, 2021 | $0.092 | OrdinaryDividend |
Mar 31, 2021 | $0.085 | OrdinaryDividend |
Dec 18, 2020 | $0.127 | OrdinaryDividend |
Sep 30, 2020 | $0.101 | OrdinaryDividend |
Jun 30, 2020 | $0.123 | OrdinaryDividend |
Mar 31, 2020 | $0.111 | OrdinaryDividend |
Dec 19, 2019 | $0.106 | OrdinaryDividend |
Dec 19, 2019 | $1.160 | CapitalGainLongTerm |
Sep 30, 2019 | $0.098 | OrdinaryDividend |
Jun 28, 2019 | $0.102 | OrdinaryDividend |
Jun 28, 2019 | $0.378 | CapitalGainLongTerm |
Mar 29, 2019 | $0.094 | OrdinaryDividend |
Dec 20, 2018 | $0.135 | OrdinaryDividend |
Dec 06, 2018 | $0.019 | CapitalGainShortTerm |
Dec 06, 2018 | $1.026 | CapitalGainLongTerm |
Sep 27, 2018 | $0.087 | OrdinaryDividend |
Jun 28, 2018 | $0.096 | OrdinaryDividend |
Mar 28, 2018 | $0.081 | OrdinaryDividend |
Dec 21, 2017 | $0.080 | OrdinaryDividend |
Dec 06, 2017 | $0.020 | CapitalGainShortTerm |
Dec 06, 2017 | $1.359 | CapitalGainLongTerm |
Sep 29, 2017 | $0.072 | OrdinaryDividend |
Jun 30, 2017 | $0.117 | OrdinaryDividend |
Jun 30, 2017 | $0.036 | CapitalGainLongTerm |
Mar 31, 2017 | $0.068 | OrdinaryDividend |
Dec 22, 2016 | $0.080 | OrdinaryDividend |
Dec 07, 2016 | $0.386 | CapitalGainLongTerm |
Sep 30, 2016 | $0.065 | OrdinaryDividend |
Jun 30, 2016 | $0.081 | OrdinaryDividend |
Jun 30, 2016 | $0.012 | CapitalGainLongTerm |
Mar 31, 2016 | $0.072 | OrdinaryDividend |
Dec 22, 2015 | $0.068 | OrdinaryDividend |
Sep 30, 2015 | $0.098 | OrdinaryDividend |
Jun 30, 2015 | $0.115 | OrdinaryDividend |
Mar 31, 2015 | $0.066 | OrdinaryDividend |
Dec 23, 2014 | $0.088 | OrdinaryDividend |
Sep 30, 2014 | $0.086 | OrdinaryDividend |
Jun 27, 2014 | $0.092 | OrdinaryDividend |
Mar 28, 2014 | $0.114 | OrdinaryDividend |
Dec 26, 2013 | $0.055 | OrdinaryDividend |
Sep 30, 2013 | $0.071 | OrdinaryDividend |
Jun 26, 2013 | $0.090 | OrdinaryDividend |
Mar 28, 2013 | $0.085 | OrdinaryDividend |
Dec 27, 2012 | $0.088 | OrdinaryDividend |
Sep 28, 2012 | $0.079 | OrdinaryDividend |
Jun 29, 2012 | $0.090 | OrdinaryDividend |
Mar 30, 2012 | $0.082 | OrdinaryDividend |
Dec 28, 2011 | $0.092 | OrdinaryDividend |
Sep 30, 2011 | $0.108 | OrdinaryDividend |
Jun 30, 2011 | $0.109 | OrdinaryDividend |
LCBOX - Fund Manager Analysis
Managers
Michael Clarfeld
Start Date
Tenure
Tenure Rank
Aug 06, 2009
12.82
12.8%
Michael is a member of the Income Solutions team and co-manages the Dividend Strategy and Energy MLP products. He joined ClearBridge Investments in 2006 as a Research Analyst and was named a Portfolio Manager in 2009. Michael has 20 years of investment industry experience. Prior to joining ClearBridge, Michael served as an Equity Analyst at Hygrove Partners and was a Financial Analyst at Goldman Sachs. He is a member of the CFA Institute and of the New York Society of Security Analysts. Michael received his BA in History from Duke University.
Peter Vanderlee
Start Date
Tenure
Tenure Rank
Aug 06, 2009
12.82
12.8%
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.
John Baldi
Start Date
Tenure
Tenure Rank
Apr 01, 2019
3.17
3.2%
John Baldi is a Portfolio Manager and co-manages the Dividend Strategy and Dividend Strategy ESG portfolios. Prior to his appointment to the Portfolio Management team, John served as a Senior Portfolio Analyst at ClearBridge. John has 23 years of investment industry experience and joined a predecessor organization in 2004. John previously served as a Senior Analyst for Specialty Finance at JPMorgan Chase. John earned a BS in Finance and Economics from Boston College. See more at: https://www.clearbridge.com/content/clearbridge/en-us/about/team/portfolio-management/baldi-john.html#sthash.8Eq9Nzlh.dpuf
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |