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3 Top-Ranked Legg Mason Mutual Funds to Boost Your Portfolio
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Founded in 1899, Legg Mason is one of the world’s largest asset managers with assets under management of nearly $710 billion as of December 31, 2016. Legg Mason and its affiliates currently manage 99 mutual funds across a wide range of categories, including both equity and fixed-income funds. It uses a multi-affiliate business model that allows each affiliate to operate with a high degree of autonomy utilizing its unique approach and processes. This Baltimore-based company serves both individual and institutional investors with around 3,400 employees placed at 33 offices throughout the globe.
Western Asset Inflation Indexed Plus Bond A (WAFAX - Free Report) seeks high level of return through preservation of capital. WAFAX invests a majority of its assets in inflation-indexed fixed income bonds as well as more than 70% of its assets in the U.S. Treasury Inflation Protected Securities.Western Asset Inflation Indexed Plus Bond A returned 0.8% in the last one year.
S. Leech has been one of the fund managers of WAFAX since 2014.
Legg Mason BW International Opportunities Bond A invests a bulk of its assets in fixed income securities of companies, which are based in developed markets. LWOAX will invest in currencies and sovereign debt of nations from the Citigroup World Government Bond Index Excluding-U.S. (Unhedged).The fund seeks growth of capital and income. Legg Mason BW International Opportunities Bond A returned 2.1% in the last one year.
LWOAXhas an expense ratio of 0.96% compared with a category average of 0.98%.
ClearBridge Dividend Strategy 1 (LCBOX - Free Report) seeks appreciation of capital and dividend income. LCBOX invests the lion’s share 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.ClearBridge Dividend Strategy 1 returned 18.7% in the last one year.
As of December 2016, LCBOX held 68 issues with 3.77% of its assets invested in Berkshire Hathaway Inc B.
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3 Top-Ranked Legg Mason Mutual Funds to Boost Your Portfolio
Founded in 1899, Legg Mason is one of the world’s largest asset managers with assets under management of nearly $710 billion as of December 31, 2016. Legg Mason and its affiliates currently manage 99 mutual funds across a wide range of categories, including both equity and fixed-income funds. It uses a multi-affiliate business model that allows each affiliate to operate with a high degree of autonomy utilizing its unique approach and processes. This Baltimore-based company serves both individual and institutional investors with around 3,400 employees placed at 33 offices throughout the globe.
Below we share with you three top-rated Legg Mason mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Legg Mason funds, their Zacks Rank and past performance.
Western Asset Inflation Indexed Plus Bond A (WAFAX - Free Report) seeks high level of return through preservation of capital. WAFAX invests a majority of its assets in inflation-indexed fixed income bonds as well as more than 70% of its assets in the U.S. Treasury Inflation Protected Securities.Western Asset Inflation Indexed Plus Bond A returned 0.8% in the last one year.
S. Leech has been one of the fund managers of WAFAX since 2014.
Legg Mason BW International Opportunities Bond A invests a bulk of its assets in fixed income securities of companies, which are based in developed markets. LWOAX will invest in currencies and sovereign debt of nations from the Citigroup World Government Bond Index Excluding-U.S. (Unhedged).The fund seeks growth of capital and income. Legg Mason BW International Opportunities Bond A returned 2.1% in the last one year.
LWOAXhas an expense ratio of 0.96% compared with a category average of 0.98%.
ClearBridge Dividend Strategy 1 (LCBOX - Free Report) seeks appreciation of capital and dividend income. LCBOX invests the lion’s share 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.ClearBridge Dividend Strategy 1 returned 18.7% in the last one year.
As of December 2016, LCBOX held 68 issues with 3.77% of its assets invested in Berkshire Hathaway Inc B.
To view the Zacks Rank and past performance of all Legg Mason mutual funds, investors can click here to see the complete list of Legg Mason mutual funds.
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