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Morningstar

ClearBridge Tactical Dividend Income C SMDLX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 22.25  /  +1.09 %
  • Total Assets 357.2 Mil
  • Adj. Expense Ratio
    2.150%
  • Expense Ratio 2.150%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Large Value
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.91%
  • Turnover 57%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis SMDLX

Will SMDLX 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 SMDLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SMDLX 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 SMDLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in ClearBridge Tactical Dividend Income C'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 highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings SMDLX

More SMDLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Energy Transfer LP

5.36 19.1 Mil
Energy

Apple Inc

4.86 17.3 Mil
Technology

Microsoft Corp

4.05 14.5 Mil
Technology

Enterprise Products Partners LP

3.91 14.0 Mil
Energy

Broadcom Inc

3.65 13.0 Mil
Technology

Blackstone Inc

3.43 12.2 Mil
Financial Services

NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025)

2.77 9.9 Mil
Utilities

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

2.65 9.5 Mil
Financial Services

Plains GP Holdings LP Class A

2.55 9.1 Mil
Energy

ONEOK Inc

2.39 8.5 Mil
Energy