Back to top

3 Legg Mason Mutual Funds With Stunning Returns

Read MoreHide Full Article

With nearly $727 billion of assets under management (as of Dec 31, 2018), Legg Mason has 33 years of experience in providing financial services throughout the world. Legg Mason, along with its nine investment affiliates, currently manages more than 90 mutual funds across a wide range of categories, including both equity and fixed-income funds. Most of the company’s clients (67%) are domiciled in the United States. This Baltimore-based company serves both individual and institutional investors with around 3,300 employees in 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 mutual funds.

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 A has three-year annualized returns of 20.2%.

SASMX has an expense ratio of 1.19% compared with the category average of 1.21%.

ClearBridge Dividend Strategy 1 (LCBOX - Free Report) invests a large chunk of its assets in equity securities in order to derive high dividend income. LCBOX invests a notable portion of its assets in securities of companies that are expected to pay dividend. The fund seeks capital growth over the long run through dividend income appreciation. ClearBridge Dividend Strategy 1 has three-year annualized returns of 12.6%.

As of December 2018, LCBOX held 68 issues with 3.65% of its assets invested in Microsoft Corp.

ClearBridge Dividend Strategy A (SOPAX - Free Report) invests a large portion of its assets in a notable portion of its assets in securities of companies that are expected to pay dividend. SOPAX may invest a maximum of half of its assets in equity securities of foreign issuers, either directly or through depositary receipts. The fund seeks capital growth over the long term through dividend income appreciation. ClearBridge Dividend Strategy A has a three-year annualized return of 12.3%.

Michael Clarfeld is one of the fund managers of SOPAX 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.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>



More from Zacks Mutual Fund Commentary

You May Like