We have qualitatively reviewed ClearBridge Dividend Strategy and reaffirmed its Process and People ratings. This strategy tends to lag in rising markets, as it did in 2023, but a strong showing in 2022's selloff shows its long-term, defensive value. The following text is from Feb. 23, 2023.
ClearBridge Dividend Strategy R LMMRX
- NAV / 1-Day Return 31.49 / +0.22 %
- Total Assets 8.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.360%
- Distribution Fee Level High
- Share Class Type Retirement, Medium
- Category Large Blend
- Investment Style Large Blend
- Min. Initial Investment 0
- Status Open
- TTM Yield 0.92%
- Turnover 19%
USD | NAV as of Sep 30, 2024 | 1-Day Return as of Sep 30, 2024, 10:18 PM GMT+0
Morningstar’s Analysis LMMRX
Will LMMRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 4.41 | 347.0 Mil | Technology |
Apollo Global Management Inc Class A | 3.47 | 273.4 Mil | Financial Services |
Williams Companies Inc | 3.36 | 264.5 Mil | Energy |
JPMorgan Chase & Co | 3.32 | 261.4 Mil | Financial Services |
Nestle SA ADR | 3.14 | 247.1 Mil | Consumer Defensive |
Sempra | 3.12 | 245.5 Mil | Utilities |
Exxon Mobil Corp | 3.03 | 238.9 Mil | Energy |
Comcast Corp Class A | 3.02 | 237.6 Mil | Communication Services |
Becton Dickinson & Co | 2.88 | 226.4 Mil | Healthcare |
Broadcom Inc | 2.81 | 221.5 Mil | Technology |