The clearbridge energy mlp separate account composite seeks to provide a high level of total return with an emphasis on cash distributions. Guide to clearbridge appreciation a fund shapx nasdaq. The fund was incepted in march 1970 and is managed by smith barney fund management. Clearbridge appreciation fund c shapx stock price, quote. Jul 20, 2016 clearbridge value trust commentary for the second quarter ended june 30, 2016. Clearbridge variable appreciation portfolio is a variable annuity product incorporated in the usa. When an expense cap has not been exceeded, the fund may have similar expense ratios. The appreciation strategy seeks to balance upside return potential with downside risk protection.
We are committed to delivering longterm results through active management as we have for more than 50 years and continue to offer investment solutions that emphasize differentiated stock selection to move our. The clearbridge appreciation strategy had a negative return during the first quarter of 2018, underperforming the strategy s benchmark. The latest positioning, total returns, and top 10 holdings. Hable is the fund manager and he has managed this legg mason fund since 1999. Research information including asset allocation, sector weightings and top holdings for clearbridge appreciation fund. On an absolute basis, the strategy had gains in three sectors in which it was invested during the first quarter out of 11 sectors total. The objective of the fund is to seek longterm capital appreciation.
Clearbridge holds shares of amazon in its appreciation fund, and kagan said he and colleagues were happy to play along with the cloud business trend, even though shares of many of. Sapyx see the zacks mutual fund rank for legg mason. Clearbridge appreciation strategy portfolio manager commentary q1 2020 clearbridge appreciation strategy portfolio manager commentary q1 2020 apr. With a legacy dating back over 50 years, clearbridge investments is a leading global equity manager committed to delivering differentiated longterm results through authentic active management.
On an absolute basis, the strategy had gains in all 11 of the sectors in which it was invested during the quarter. Et on seeking alpha 3 toprated legg mason mutual funds to buy now. The fund seeks capital growth over the long term through dividend income appreciation. Clearbridge dividend strategy a has a threeyear annualized return of 12.
Clearbridge appreciation strategy portfolio manager commentary q1 2020. Shapx quote clearbridge appreciation fund bloomberg markets. Clearbridge appreciation fund seeks longterm capital appreciation by investing in equity a strong core of growth and value stocks of u. The investment seeks dividend income, growth of dividend income and longterm capital appreciation. The clearbridge appreciation esg strategy had a positive return during the fourth quarter of 2017, outperforming the strategys benchmark. Clearbridge investments offers institutional and individual investors a variety of traditional and alternative equity strategies. Clearbridge aggressive growth strategy portfolio manager commentary q1 2020 clearbridge aggressive growth strategy portfolio manager commentary q1 2020 apr.
What makes a company robust in a slowdown are the same when demand stops a strong balance sheet and a dominant franchise. Clearbridge appreciation fund c shapx holdings yahoo. Volatile markets give us the opportunity to upgrade the portfolio and. Scott glasser industry since 1991 and michael kagan industry since. Shapx quote clearbridge appreciation fund bloomberg. View top holdings and key holding information for clearbridge appreciation fund c sapyx. Market forces that influenced the fund s performance. This year those same funds are moving to hide the legg mason taint.
Sapbx clearbridge appreciation fund class b shares. On an absolute basis, the strategy had gains in nine of the 11 sectors in which it was invested during the quarter. The esg investment program actively incorporates environmental, social and governance esg factors into the fundamental research platform and into the. Find the latest clearbridge appreciation fund c shapx stock quote, history, news and other vital information to help you with your stock trading and investing. See clearbridge appreciation fund lmesx mutual fund ratings from all the top fund analysts in one place. The fund typically invests in medium and large capitalization companies, but may also invest in small capitalization companies. The clearbridge appreciation composite invests primarily in medium and large capitalization companies, but may also invest in small capitalization companies.
Sapbx clearbridge appreciation fund class b shares brightscope menu. Thaler used the book to detail the compounding effects of bad judgment, when the emotionally and physically demanding environment of the oxygendeprived death zone. The clearbridge appreciation a fund, managed by legg mason, carries. New this week hersh cohen cochief investment officer, portfolio manager, clearbridge investments. Quicken for mac imports data from quicken for windows 2010 or newer, quicken for mac 2015 or newer, quicken for mac 2007, quicken essentials for mac, banktivity. Shapx clearbridge appreciation fund class a fidelity. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividendpaying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and. The book detailed the 1996 disaster that krakauers team endured climbing mt. Scott glasser industry since 1991 and michael kagan industry since 1985 are coportfolio managers of your fund. Clearbridge appreciation fund class a a shapx stock. Clearbridge appreciation strategy portfolio manager. Shapx clearbridge appreciation fund class a mutual fund. Daily sapbx quote and fund scorecard evaluating net assets, fund flows, fees, turnover, performance, and manager tenure. Clearbridge appreciation strategy portfolio manager commentary q1 2020 apr.
Product commentary clearbridge appreciation fund legg mason. As of april 1, 20 and january 1, 2016, clearbridge s affiliates, global currents investment management, llc, and clearbridge, llc, respectively, have become part of the clearbridge gips firm. Clearbridge appreciation esg fourth quarter 2017 commentary. Partner news headlines on clearbridge appreciation fund class a a shapx. The dividend strategy portfolio targets a high level of current income, growth of income and capital preservation in challenging markets by owning highquality large cap companies that pay an attractive dividend and have the potential to significantly grow their dividends. The appreciation esg strategy seeks to balance upside return potential with downside risk. See fees data for clearbridge appreciation fund shapx. Great investor hersh cohen has been investing for half a century, 30 years of which were spent at the helm of the awardwinning clearbridge appreciation fund and to this day focusing on investing in high quality, dividend growing companies. A shapx stock price, news, historical charts, analyst ratings and financial information from wsj. The funds objective is to generate longterm capital appreciation.
About clearbridge appreciation fund clearbridge appreciation fund seeks longterm capital appreciation by investing in equity a strong core of growth and value stocks of u. Clearbridge aggressive growth a fund shrax patient management seeks capital appreciation from a highconviction portfolio or companies with new or innovative technologies, products and services. When the value of a fund holding increases, the fund has an unrealized capital gain until the fund sells or otherwise disposes of the holding. Portfolio composition asset types 123119 top 20 holdings 123119 microsoft corp 6.
Transfer agent fee waivers for class n are contractual and are set to expire 121. Clearbridge variable appreciation portfolio legg mason. Clearbridge appreciation esg portfolios are designed for investors seeking longterm capital appreciation through investments in a core portfolio of highquality, largecapitalization companies. Mutual fund performance changes over time and current performance may be lower or higher than what is stated. As of december 31, 2019 clearbridge variable appreciation. Vexrx vanguard product detail explorer fund admiral shares. Lmp equity trust legg mason clearbridge appreciation fund. Clearbridge appreciation strategy portfolio manager commentary q1 2020 27 apr 2020 seeking alpha. Fund seeks longterm capital appreciation by investing primarily in blue chip companies, diversifying across all sectors and emphasizing highquality firms. Legg mason clearbridge us appreciation fund class ga euro. Research information including fund fees, cost projections and minimum investments for clearbridge appreciation fund. May 18, 2016 clearbridge investments 1q16 market commentary posted by. The appreciation strategy of owning large, highquality stocks is wellpositioned for todays market. He shares his perspective on todays challenging markets.
It typically invests in medium and large capitalization companies, but may also invest in small capitalization companies. View mutual fund news, mutual fund market and mutual fund interest rates. The fund invests in common stocks of companies the portfolio. The fund invests primarily in equity securities of u. On an absolute basis, the strategy had gains in all 11 of the sectors in which it was invested during the fourth quarter out of 11 sectors total. A fund s morningstar rating is a quantitative assessment of a fund s past performance that accounts for both risk and return, with funds earning between 1 and 5 stars. See holdings data for clearbridge appreciation fund sapyx.
On an absolute basis, the strategy had gains in six sectors in which it was invested during the quarter out of 11 sectors total. Western asset dropped the legg mason number this summer. To receive the most recent monthend performance, call 18002363863. Cvapx quote clearbridge variable appreciation portfolio fund. Upon disposition of the appreciated holding, the fund. For the quarter ended march 31, 2020, the clearbridge appreciation fund class a shares had a cumulative return of 19. Clearbridge appreciation fund class a etfs funds price quote with latest realtime prices, charts, financials, latest news, technical analysis and opinions. Research information including volatility and modern portfolio theory statistics beta, rsquared, etc for clearbridge appreciation fund. The fund may invest up to 20% of its net assets in the equity securities of foreign issuers. Reaching millions of people each month through its website, books. The russell growth index is an unmanaged index that measures the performance of those russell companies with higher priceto book ratios and forecasted growth values. Top 5 legg mason funds mutual fund commentary benzinga. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Clearbridge investments market commentary for the first quarter ended march 31, 2016.
See clearbridge appreciation fund lmpix mutual fund ratings from all the top fund analysts in one place. Clearbridge appreciation esg portfolios legg mason. Three stocks to buy during the coronavirus crash besides. If youre not satisfied, return this product to quicken within 30 days of purchase with your dated receipt for a full refund of the purchase price less. See clearbridge appreciation fund performance, holdings, fees, risk and other data from. View top holdings and key holding information for clearbridge appreciation fund c shapx. The fund s investment objective is to provide a total return with an equal emphasis on current distributions and capital appreciation. Legg mason clearbridge us appreciation fund class ga euro distributing a. On an absolute basis, the fund had losses in all 11 sectors in. See clearbridge appreciation fund sapyx mutual fund ratings from all the top fund analysts in one place. See risk data for clearbridge appreciation fund shapx. Legg mason clearbridge appreciation fund class a shapx. Analyze the fund clearbridge appreciation fund class a having symbol shapx for type mutualfunds and perform research on other mutual funds. Joining the team in 2009, portfolio manager michael kagan also brings a long tenure of investment experience.
As always, this rating system is designed to be used as a first step in the fund evaluation process. What makes a company robust in a slowdown are the same when. Clearbridge is now following suit, so that the legg mason clearbridge appreciation fund is about to become just clearbridge appreciation. Nyse composite index mini value new methodology 1,111.
Measures the performance of those russell 2500 companies with higher pricebook ratios and higher. Shapx see the zacks mutual fund rank for legg mason. Bmo largecap growth fund bmo global asset management. Mar 14, 2012 participants dial in telephone numbers.
The clearbridge appreciation strategy had a positive return during the second quarter of 2018, underperforming the strategy s benchmark. Such compensation may be paid out of distribution, service andor 12b1 fees that are deducted from the fund s assets, andor may be paid directly by the fund s affiliates. Major indices traded approximately flat for most of the second quarter until the united kingdoms vote to leave the european union, commonly referred to as brexit, hit the market hard near the end of june. It includes those russell 3000 companies with higher priceto book ratios and higher expected growth values.
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