Fact sheet: LM CB TactDivInc

Fund information
Fund name
Legg Mason Clearbridge Tactical Dividend Income A Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund managers
  • Peter Vanderleesince 02/06/2013
  • Mark Mcallistersince 02/06/2013
Fund objective
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.
Benchmark
  • Dow Jones Select Dividend Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
21.9%
1 Year rank in sector
-
Sector
FO Equity - International
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.75%
Fund size
£67m (£81m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
105
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq65.9%
SKAGEN Focus51.6%
Dimensional World Equity46.1%
Sanlam FOUR Gbl Equity44.6%
La Mondiale Intl Eq44.6%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA83.4%
    Marshall Islands5.9%
    UK3.1%
    Netherlands2.4%
    Ireland1.9%
  • Energy22.1%
    Real Estate14.3%
    Financials13.9%
    Information Technology12.6%
    Health Care10.1%
  • US Equities83.4%
    Asia Pacific Emerging Equities5.9%
    UK Equities3.1%
    Dutch Equities2.4%
    Irish Equities1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%7.2%4.9%21.9%-1.2%-
Sector2.9%7.1%7%21.4%20.5%51%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund4.2%10.2%-15.2%1.7%-
Sector4.4%7.9%0.7%6%21.3%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-6
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.97
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.32
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-1
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.67
Price movement
52 week high107.6
52 week low88.53
Current bid price-
Current offer price-
Current mid price107.6
Region
1USA83.42%
2Marshall Islands5.92%
3UK3.12%
4Netherlands2.36%
5Ireland1.91%
6Money Market1.86%
7Bermuda1.41%
Industry sector
1Energy22.08%
2Real Estate14.32%
3Financials13.9%
4Information Technology12.64%
5Health Care10.12%
6Telecommunications Utilities6.08%
7Utilities5.55%
8Industrials4.2%
9Consumer Staples3.76%
Asset type
1US Equities83.42%
2Asia Pacific Emerging Equities5.92%
3UK Equities3.12%
4Dutch Equities2.36%
5Irish Equities1.91%
6Money Market1.86%
7American Emerging Equities1.41%
Individual holdings
1MICROSOFT CORP3.43%
2AT&T INC2.75%
3VERIZON COMMUNICATIONS INC2.48%
4ANADARKO PETROLEUM CORP2.45%
5VTTI ENERGY PARTNERS LP2.36%
6MERCK & CO INC(NEW)2.32%
7STARWOOD PROPERTY TRUST INC USD0.012.29%
8GOLAR LNG PARTNERS LP2.24%
9REGAL ENTERTAINMENT GROUP2.21%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
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.
Benchmark
  • Dow Jones Select Dividend Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Peter Vanderlee02/06/2013Peter is a member of the Income Solutions team that co-manages the Equity Income Builder and Dividend Strategy products. Peter's investment industry experience includes a senior associate position in the Financial Services and Information Technology Group of Booz Allen & Hamilton and a senior position as first vice president within the Information Technology Division of Citigroup Inc. Peter transitioned to a Clear Bridge Investments predecessor firm in 1999. Peter received his MS in Math/Computer Science from the University of Technology, Eindhoven, Holland and his MBA from New York University's Leonard N. Stern School of Business. He is a Chartered Financial Analyst and a member of the CFA Institute.
Mark Mcallister02/06/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Singapore, Sweden
Legg Mason Clearbridge Tactical Dividend Income A (A) Hedged Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.21
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKQ0G
Legg Mason Clearbridge Tactical Dividend Income A (M)Plus (e) Hedged Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price85.16
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNYI
Legg Mason Clearbridge Tactical Dividend Income A Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.25
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM8NR
Legg Mason Clearbridge Tactical Dividend Income A Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.6
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJNLV
Legg Mason Clearbridge Tactical Dividend Income A Hedged Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.17
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZEW
Legg Mason Clearbridge Tactical Dividend Income A Inc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.01
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM8NS
Legg Mason Clearbridge Tactical Dividend Income A(M) Dis USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.59
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJE0N
Legg Mason Clearbridge Tactical Dividend Income A(M) Plus Dis HKD
Initial charge5%
Annual charge1.25%
Min single investment£8,000
Min regular saving£4,000
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price83.16
CurrencyHKD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOXK
Legg Mason Clearbridge Tactical Dividend Income A(M) Plus Dis USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price82.9
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNYJ
Legg Mason Clearbridge Tactical Dividend Income A(M)(Hedged) Plus Dis AUD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price82.04
CurrencyAUD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKNYG
Legg Mason Clearbridge Tactical Dividend Income A(M)(Hedged) Plus Dis CNH
Initial charge5%
Annual charge1.25%
Min single investment£6,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price85.06
CurrencyCNH
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOXI
Legg Mason Clearbridge Tactical Dividend Income A(M)(Hedged) Plus Dis SGD
Initial charge5%
Annual charge1.25%
Min single investment£1,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.832
CurrencySGD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOXJ
Legg Mason Clearbridge Tactical Dividend Income A(Q) Inc USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.75
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMCHF
Legg Mason Clearbridge Tactical Dividend Income B Acc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.75
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM8NT
Legg Mason Clearbridge Tactical Dividend Income B Inc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.61
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM8NU
Legg Mason Clearbridge Tactical Dividend Income C (Q) Dis USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86.1
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKTEH
Legg Mason Clearbridge Tactical Dividend Income C Inc USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.61
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM8NV
Legg Mason Clearbridge Tactical Dividend Income C USD
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.09
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJS9U
Legg Mason Clearbridge Tactical Dividend Income F Acc EUR
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.59
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM8NP
Legg Mason Clearbridge Tactical Dividend Income F Inc EUR
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.11
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM8NQ
Legg Mason Clearbridge Tactical Dividend Income F USD
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.79
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM8NO
Legg Mason Clearbridge Tactical Dividend Income Premier (M) Dis USD
Initial charge-
Annual charge0.63%
Min single investment£30,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.99
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJE0P
Legg Mason Clearbridge Tactical Dividend Income X(M) Plus Dis USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.37
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGXB
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.