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Morningstar

ClearBridge Tactical Dividend Income I LADIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 20.78  /  0.39 %
  • Total Assets 313.0 Mil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.190%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 4.20%
  • Turnover 19%

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 11:21 PM GMT+0

Morningstar’s Analysis LADIX

Will LADIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LADIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the LADIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of LADIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in ClearBridge Tactical Dividend Income I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LADIX

More LADIX Holdings
  • Current Portfolio Date
  • Equity Holdings 67
  • Bond Holdings 0
  • Other Holdings 7
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Energy Transfer LP

5.84
16,996,363
Energy

Microsoft Corp

5.59
16,251,652
Technology

Enterprise Products Partners LP

4.58
13,309,210
Energy

Apple Inc

4.57
13,277,336
Technology

Blackstone Inc

4.08
11,870,041
Financial Services

Broadcom Inc

4.06
11,811,678
Technology

Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A

2.73
7,942,555
Financial Services

Plains GP Holdings LP Class A

2.68
7,797,405
Energy

Merck & Co Inc

2.36
6,855,440
Healthcare

MPLX LP Partnership Units

2.32
6,746,918
Energy