40.26 Down -0.43 -1.06%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 40.69
Category Small Blend
Net Assets 42.67 Mil
Yield 1.69%
Morningstar Risk Average
Morningstar Return Low
  • Last NAV update 9/19/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks capital appreciation. The fund invests primarily in equity securities and securities convertible into equity securities. While it may invest in companies of any size, the portfolio managers expect that under normal circumstances, the fund will invest the majority of its total assets in the securities of companies that are in the small-cap market capitalization range or in "special situations," at the time of purchase. It may invest up to 35% of its total assets in debt securities rated below investment grade (i.e., below BBB/Baa), commonly known as "junk bonds," and unrated securities judged by the manager to be below investment grade.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 19.98% -16.65% 19.13% 36.14% 3.63%
Value ($) 11,997.76 10,000.00 11,912.53 16,217.86 16,806.46
  • Year to date performance as of 9/19/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Legg Mason
Fund Manager Albert Grosman
Tenure (Years) 3
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment 250.00
Front Load 5.75
Expense Ratio 1.06%
PERFORMANCE
Symbol Value ($)
1 Month 0.05%
3 Months -0.52%
1 Year 13.98%
3 Years* 19.07%
5 Years* 11.45%
  • * Annualized returns
  • Performance as of 9/19/2014 12:00 AM ET
PEER COMPARISON
  LMSAX Small Blend
5-Yr Return 11.45% 14.63%
Sharpe Ratio 1.15 1.42
Net Assets 42.67 Mil 692.91 Mil
Avg Market Cap 1.86 Bil 2.69 Bil
Avg P/E 17.91 20.01
Portfolio Turnover 39 68
HOLDINGS
Symbol Value ($)
Stocks 95.44%
Cash 3.76%
Fixed Income 0.00%
Other 0.80%
DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 4:19 PM ET
1-YEAR CHART Full-page chart
RECENT QUOTES
WATCHLIST
You're not signed in
You’re not signed in to MSN Money, so you’re seeing the Watchlist that is tied to your computer. For a more consistent Watchlist experience, sign in to MSN Money. Learn more
SYMBOL
LAST
CHANGE
SHARES
Quotes delayed at least 15 min
Sponsored by:
MARKET UPDATE
[BRIEFING.COM] The major indices continue to struggle under the weight of profit taking that has hit far and wide. Not surprisingly, after a big run in the market, valuation concerns are being discussed in the foreground as concerns in the background ... More
Sponsored by: