Legg Mason ClearBridge Tactical Dividend Income Fund

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About The Fund

Investment Aim

The Fund’s primary aim is to provide a high level of income with a secondary aim of generating long-term capital appreciation and income growth. The Fund seeks to achieve its objective by investing in a diversified portfolio of equity and equity-related securities including energy-oriented income producing companies and real estate investment trusts. The Fund may invest in issuers of any market capitalisation.

Performance Benchmark

There is no Fund Benchmark
 
Month-end NAV:
Class A Acc (USD):USD 120.30
Class A Dis (M)(USD) Plus:USD 82.87
Class A Dis (M) (SGD) (Hedged) Plus:SGD 0.818
Class A Dis (M) (AUD) (Hedged) Plus:AUD 81.27
Class A Dis (M) (CNH) (Hedged) Plus:CNH 84.85
Fund Size:USD 49.38 million
Number of Holdings:72
All data are as of 30 April 2019
 
 
 

About the Investment Strategy

  • The Fund uses a tactical rotation approach to invest in a broad spectrum of high income securities including:
    1. US and International common stocks
    2. Energy-related investments, including Master Limited Partnership (MLPs), directly and indirectly
    3. Real Estate Investment Trust (REITs)
    4. Preferred and convertible securities
  • The Fund seeks to provide high income with a secondary aim of capital appreciation.
  • In selecting securities, the manager uses a combined top-down and bottom-up approach to identify assets that have attractive dividends and future earnings prospects.
  • The fund invests in companies of all market capitalizations.
  • About the Investment Team

    ClearBridge Investments' expertise lies in US equities with experience across a wide range of market capitalisations and disciplines. ClearBridge's seasoned portfolio managers pursue distinct investment styles but share a focus on primary research-driven fundamental investing.

     
     
     

    The Fund may invest in certain types of derivatives for investment and/ or efficient portfolio management purposes. Please refer to the prospectus for more information. Distributing Plus share classes may pay dividend out of capital.The payment of dividends out of capital effectively amounts to a return or withdrawal of an investor´s original capital investment or of capital gains attributable to that original investment. Such distribution will result in a corresponding immediate decrease in the Net Asset Value of these share classes.

    This document, provided by Legg Mason Asset Management Singapore Pte. Limited ( “Legg Mason” ) (Registration Number (UEN): 200007942R), is for information only and does not constitute an offer or solicitation to buy or sell any units in any fund.

    The prospectus of the fund is available and may be obtained from Legg Mason or its authorised distributors. Investors should check with Legg Mason or its authorised distributors on whether a particular class of the fund is available for subscription. Investors should read the prospectus prior to any subscription. All applications for units in the fund must be made on the application forms accompanying the prospectus. Past performance is not necessarily indicative of future performance. All investments involve risk, including possible loss of principal.The value of the units in the fund and the income accruing to the units, if any, may fall or rise.

    Distribution of this document may be restricted in certain jurisdictions. Any persons coming into possession of this document should seek advice for details of, and observe, such restrictions (if any).This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. This fund is not available to US citizens, residents or greencard holders and may not be available in all jurisdictions.

    Neither Legg Mason nor any officer or employee of Legg Mason accepts any liability whatsoever for any loss arising from any use of this document or its contents. The information in this document is confidential and proprietary and may not be used other than by the intended user.This document may not be reproduced, distributed or published without prior written permission from Legg Mason.

    The mention of any individual securities / funds should neither constitute nor be construed as a recommendation to purchase or sell securities, and the information provided regarding such individual securities / funds is not a sufficient basis upon which to make an investment decision. Portfolio allocations, holdings and characteristics are subject to change at any time. Although information has been obtained from sources that Legg Mason believes to be reliable, no guarantee can be given as to its accuracy and such information may be incomplete or condensed and may be subject to change at any time without notice. Legg Mason, its affiliates, officers or directors, may have an interest in the acquisition or disposal of the securities mentioned herein.

    This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.

     
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