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3 Best Legg Mason Mutual Funds for Excellent Returns
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Founded in 1899, Legg Mason is one of the world’s largest asset managers with assets under management of nearly $767 billion as of December 31, 2017. Legg Mason and its affiliates currently manage 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 3,300 employees placed at 39 offices throughout the globe.
Western Asset Core Plus Bond Fund (WAPAX - Free Report) seeks maximization of returns through effective investment management. WAPAX maintains a portfolio by investing a bulk of its assets in debt and fixed-income securities. The fund may invest around one-fifth of its assets in non-U.S. dollar denominated securities. Western Asset Core Plus Bond Fund has one-year annualized returns of 3.4%.
As of March 2018, WAPAX held 2083 issues with 9.30% of its assets invested in Ir Swap 1d-Fedl01 35.525 Bps.
ClearBridge Small Cap Growth A (SASMX - Free Report) seeks capital appreciation over the long run. SASMX invests a large portion of its assets in equities of small-cap firms. The fund invests in domestic companies that are believed to have impressive growth prospects. ClearBridge Small Cap Growth Ahas one-year annualized returns of 25.5%.
SASMX has an expense ratio of 1.23% compared with the category average of 1.26%.
Western Asset Intermediate Bond A (WATAX - Free Report) seeks a high level of returns through wise investment management. WATAX invests a huge part of its assets in debt and fixed income securities with different maturities, with special focus on intermediate bonds. Western Asset Intermediate Bond A has one-year annualized returns of 1.2%.
Julien A. Scholnick is one of the fund managers of WATAX since 2009.
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3 Best Legg Mason Mutual Funds for Excellent Returns
Founded in 1899, Legg Mason is one of the world’s largest asset managers with assets under management of nearly $767 billion as of December 31, 2017. Legg Mason and its affiliates currently manage 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 3,300 employees placed at 39 offices throughout the globe.
Below we share with you three top-ranked 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 Core Plus Bond Fund (WAPAX - Free Report) seeks maximization of returns through effective investment management. WAPAX maintains a portfolio by investing a bulk of its assets in debt and fixed-income securities. The fund may invest around one-fifth of its assets in non-U.S. dollar denominated securities. Western Asset Core Plus Bond Fund has one-year annualized returns of 3.4%.
As of March 2018, WAPAX held 2083 issues with 9.30% of its assets invested in Ir Swap 1d-Fedl01 35.525 Bps.
ClearBridge Small Cap Growth A (SASMX - Free Report) seeks capital appreciation over the long run. SASMX invests a large portion of its assets in equities of small-cap firms. The fund invests in domestic companies that are believed to have impressive growth prospects. ClearBridge Small Cap Growth Ahas one-year annualized returns of 25.5%.
SASMX has an expense ratio of 1.23% compared with the category average of 1.26%.
Western Asset Intermediate Bond A (WATAX - Free Report) seeks a high level of returns through wise investment management. WATAX invests a huge part of its assets in debt and fixed income securities with different maturities, with special focus on intermediate bonds. Western Asset Intermediate Bond A has one-year annualized returns of 1.2%.
Julien A. Scholnick is one of the fund managers of WATAX since 2009.
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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