SOPAX: ClearBridge Dividend Strategy Fund - MutualFunds.com

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SOPAX - Snapshot

Vitals

  • YTD Return 1.1%
  • 3 Yr Annualized Return 6.6%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $6.19 B
  • Holdings in Top 10 33.8%

52 WEEK LOW AND HIGH

$25.98
$17.15
$26.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare SOPAX to Popular U.S. Large-Cap Blend Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$89.14

-0.54%

$921.44 B

-

$0.00

11.90%

0.14%

$183.23

-0.53%

$921.44 B

1.19%

$2.20

11.99%

0.03%

$326.49

-0.67%

$557.01 B

1.63%

$5.35

10.38%

0.03%

$329.01

-0.68%

$557.01 B

-

$0.00

10.35%

0.14%

$355.33

-0.69%

$277.59 B

1.59%

$5.68

10.40%

0.10%

SOPAX - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 8.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ClearBridge Dividend Strategy Fund
  • Fund Family Name
    Legg Mason
  • Inception Date
    Nov 06, 1992
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Vanderlee

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities or other investments with similar economic characteristics that pay dividends or are expected to initiate their dividends over time. It invests primarily in common stocks. The fund may invest up to 50% of its net assets in equity securities of foreign issuers, either directly or through depositary receipts.


SOPAX - Performance

Return Ranking - Trailing

Period SOPAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -70.4% 2137.4% 91.18%
1 Yr -0.8% -21.4% 36.7% 88.26%
3 Yr 6.6%* -18.8% 14.0% 72.39%
5 Yr 9.4%* -6.8% 15.3% 62.11%
10 Yr 10.6%* -1.0% 16.4% 74.44%

* Annualized

Return Ranking - Calendar

Period SOPAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -22.7% 41.1% 57.90%
2018 -10.7% -100.0% 1.4% 33.97%
2017 10.9% -100.0% 33.2% 68.35%
2016 11.6% -44.8% 25.0% 9.78%
2015 -6.1% -51.1% 20.5% 56.60%

Total Return Ranking - Trailing

Period SOPAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -70.4% 2137.4% 91.18%
1 Yr -6.5% -21.4% 36.7% 96.29%
3 Yr 4.5%* -18.8% 14.0% 86.56%
5 Yr 8.1%* -6.8% 15.3% 78.07%
10 Yr 10.0%* -1.0% 16.4% 83.65%

* Annualized

Total Return Ranking - Calendar

Period SOPAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.7% -21.6% 41.1% 57.90%
2018 -10.7% -100.0% 1.4% 57.90%
2017 10.9% -100.0% 33.2% 91.36%
2016 11.6% -16.4% 26.8% 24.00%
2015 -6.1% -26.4% 106.5% 81.52%

NAV & Total Return History


SOPAX - Holdings

Concentration Analysis

SOPAX Category Low Category High SOPAX % Rank
Net Assets 6.19 B 153 K 921 B 14.87%
Number of Holdings 56 1 3591 75.66%
Net Assets in Top 10 2.18 B -95.2 M 210 B 15.71%
Weighting of Top 10 33.75% 2.3% 100.0% 41.88%

Top 10 Holdings

  1. Microsoft Corp 6.04%
  2. Apple Inc 5.77%
  3. Comcast Corp Class A 3.34%
  4. Mastercard Inc A 2.75%
  5. United Parcel Service Inc Class B 2.73%
  6. Procter & Gamble Co 2.73%
  7. American Tower Corp 2.68%
  8. Raytheon Technologies Corp 2.67%
  9. Blackstone Group Inc 2.67%
  10. Nestle SA ADR 2.56%

Asset Allocation

Weighting Return Low Return High SOPAX % Rank
Stocks
98.43% 0.00% 148.88% 64.73%
Cash
1.57% -110.24% 100.00% 31.76%
Preferred Stocks
0.00% 0.00% 14.67% 68.58%
Other
0.00% -7.86% 100.00% 68.58%
Convertible Bonds
0.00% 0.00% 27.81% 67.36%
Bonds
0.00% 0.00% 85.20% 69.18%

Stock Sector Breakdown

Weighting Return Low Return High SOPAX % Rank
Financial Services
17.94% 0.00% 44.52% 11.47%
Technology
16.32% 0.00% 52.52% 85.46%
Consumer Defense
11.76% 0.00% 46.61% 9.42%
Healthcare
11.46% 0.00% 53.39% 88.67%
Industrials
10.24% 0.00% 29.63% 31.19%
Basic Materials
8.66% 0.00% 34.89% 4.57%
Communication Services
7.03% 0.00% 34.05% 83.21%
Utilities
5.88% 0.00% 18.14% 5.39%
Energy
4.59% 0.00% 13.74% 7.92%
Consumer Cyclical
3.14% 0.00% 53.63% 98.16%
Real Estate
2.98% 0.00% 18.16% 34.88%

Stock Geographic Breakdown

Weighting Return Low Return High SOPAX % Rank
US
92.33% 0.00% 147.48% 74.04%
Non US
6.10% 0.00% 62.26% 19.76%

SOPAX - Expenses

Operational Fees

SOPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.01% 20.53% 38.11%
Management Fee 0.65% 0.00% 2.00% 69.23%
12b-1 Fee 0.25% 0.00% 1.00% 52.14%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

SOPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 33.52%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

SOPAX 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.

SOPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 451.00% 25.09%

SOPAX - Distributions

Dividend Yield Analysis

SOPAX Category Low Category High SOPAX % Rank
Dividend Yield 0.00% 0.00% 17.94% 71.90%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SOPAX Category Low Category High SOPAX % Rank
Net Income Ratio 1.28% -3.04% 3.34% 47.32%

Capital Gain Distribution Analysis

SOPAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

SOPAX - Fund Manager Analysis

Managers

Peter Vanderlee


Start Date

Tenure

Tenure Rank

Aug 06, 2009

11.24

11.2%

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.

Michael Clarfeld


Start Date

Tenure

Tenure Rank

Aug 06, 2009

11.24

11.2%

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.

Scott Glasser


Start Date

Tenure

Tenure Rank

Dec 31, 2017

2.84

2.8%

Scott is Co-Chief Investment Officer and co-manages the Appreciation and Dividend strategies. He has 29 years of investment industry experience and is a member of ClearBridge's Management, Valuation and Risk Management Committees. He previously served as co-director of research for ClearBridge. Prior to joining the firm, Scott was a credit analyst specializing in fixed income investments for Bear Stearns. In 1993, Scott joined the research department of predecessor organization Shearson Lehman Brothers as a consumer analyst and transitioned into a role as a portfolio manager one year later. Scott graduated from Middlebury College in Vermont where he received his BA in Political Science and Spanish. He earned his MBA in Finance from Pennsylvania State University

John Baldi


Start Date

Tenure

Tenure Rank

Apr 01, 2019

1.59

1.6%

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 22 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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.86 6.28 0.67