lcltx fund fact sheetlcltx fund fact sheet

However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. Data is usually updated between 3 and 6 p.m. CST. Under normal circumstances, the Fund invests primarily in publicly traded equity and equity-related securities of US and non-US companies. The Fund is designed to take age-appropriate risk for investors expecting to retire around the year 2025. 2023 CNBC LLC. There is no assurance that the securities mentioned remain in the Funds portfolio or that the securities sold have not been repurchased. 3 Benchmark: Barclays US Agg Interm TR USD. You could lose money by investing in the Fund. Performance shown above for periods prior to June 12, 2017 reflect the investment process and strategies utilized by the fund under the name "BlackRock Flexible Equity Fund". 2R measures how a fund's performance correlates with a benchmark index's performance and shows what portion of it can be explained by the performance of the overall market/index. Without such fee waivers or expense limitation arrangements, the Funds 7 Day Yield would have been lower. Get this delivered to your inbox, and more info about our products and services. Collateral Loan Obligations (CLOs) and collateralized debt obligations (CDOs) are securities backed by an underlying portfolio of loan and debt obligations and the risks depend largely on the types of those underlying holdings. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Copyright 2023 Morningstar, Inc. All rights reserved. Single Sheet (PDF) 03/22. Morningstar Rating is for the Service share class only; other classes may have different performance characteristics. Volatility & Return chart is not available for funds less than 10 years old. Duration is expressed as a number of years, and generally, the larger a portfolios duration, the greater the interest-rate risk or reward for underlying bond prices. To obtain performance as of the most recent month-end, please call 1-800-269-8810. This is a rolling calculation, updated daily. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The Funds liquidity exposure, net shareholder inflows/outflows and market NAV for the past six months are available at the following link:MMF Activity, Download fund documents & literature, create email subscriptions, and place direct mail order. We view our high-quality mandate as crucial to reducing volatility and vital to being a core fixed-income holding. TheFund's portfolio is actively managedand portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. All Rights Reserved. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. S&P 600 Index Fund - DC - Non-Lending. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. The fund may act as a foundation for investors' portfolios. Returns shown at less than a year reflect aggregate total returns. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 4% vs. 9% LIHTC Credits. Refinitiv, an LSEG (London Stock Exchange Group) business, is one of the worlds largest providers of financial markets data and infrastructure. ClearBridge Select Fund Class A2 (LCLTX) Nasdaq - Nasdaq Delayed Price. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. Intermediate-term, higher quality bonds generally offer less risk than longer term bonds and a lower rate of return. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. With more than 25 years in the industry, we are able to leverage our experience and financial strength to expedite regulatory, lender and investor approvals. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers. Invesco does not guarantee any claims or assume any responsibility for any of the content. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the companys sector or industry, or changes in government regulations affecting the company or its industry. Is ClearBridge Select Fund A (LCLAX) a Strong Mutual Fund Pick Right Now? Check the background of this Firm and/or investment professionals onFINRA's BrokerCheck. Wed like to share more about how we work and what drives our day-to-day business. These factors can adversely affect Fund performance. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Bond fund |Admiral Shares. Investing in commodities comes with several benefits during periods of inflation and supply & demand imbalances. Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. Returns shown at less than a year reflect, Click here to view all legal text including risk Prospectus (PDF) 03/23. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed products monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. Our CollegeBound 529 portal allows you to contribute, open, manage, and withdraw from your account. USD | NAV as of Apr 17, 2023 | 1-Day Return as of Apr 17, 2023, 10:12 PM GMT+0. Develop and improve features of our offerings. Foreign companies generally may be subject to less stringent regulations than U.S. companies, including financial reporting requirements and auditing and accounting controls, and may therefore be more susceptible to fraud or corruption. They also need to offer at least two taxable bond funds and one national tax-exempt bond fund. As always, this rating system is designed to be used as a first step in the fund evaluation process. The dollar-weighted average maturity of the fund's portfolio is between three and 10 years. Copyright 2023 Leader Capital Corp. All Rights Reserved. NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE U.S . Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. Receive email updates about best performers, news, CE accredited webcasts and more. Knowing your investable assets will help us build and prioritize features that will suit your investment needs. As a result of its trading strategy, the Fund expects to engage in frequent portfolio transactions that will likely result in higher portfolio turnover and commissions than many investment companies. Refinitiv Lipper 2022. Without such fee waivers/reimbursements, performance would have been lower. Investments in foreign securities involve greater volatility and political, economic and currency risks. Fact sheet |December 31, 2022. While the fund expects to invest primarily in equity and equity-related securities, the fund may, at times, also invest to a significant extent in fixed income securities, including lower-rated, high yielding debt securities (commonly known as junk bonds), when the portfolio manager believes such securities will provide more attractive total return opportunities compared to equity securities. Returns as of 3/31/23 (updated monthly). Management Risk. ", Alternative, Balanced, Fixed Income Fund Monthly Holdings. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. A strong management team and sound investment process underpin ClearBridge Select A's Morningstar Quantitative Rating of Bronze. Returns shown include the reinvestment of all distributions. Information regardingany fee waivers or expense limitation arrangements applicable to the Fund is provided with the Funds expense ratio information. Individual investors include, current investors; prospective investors, and plan administrators. Historical and current end-of-day data provided by FACTSET. The fund uses a bottomup investment methodology for equity securities selection that relies extensively on fundamental research to identify companies with strong growth prospects and/or attractive valuations, without regard to a benchmark. Average Coupon - The weighted average annual rate of interest on a bonds face value that the issuer agrees to pay the holder until maturity for all the securities in a portfolio. RIMES Technologies Corp.,StyleADVISOR. We sell different types of products and services to both investment professionals and individual investors. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. Create a list of the investments you want to track. Retirement Plan Manager provides plan sponsors the tools they need to more effectively manage their retirement plans. Get Started Here. Fund as of most recent prospectus. This information can be edited at any time. Because the sensitivity of mortgage-related securities to changes in interest rates, a funds performance may be more volatile than if it did not hold these securities. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business. Visit a quote page and your recently viewed tickers will be displayed here. Lipper Category AverageExpense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available. Effective March 19, 2020, Lord Abbett began voluntarily waiving fees and/or reimbursing expenses of the Fund. 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission. A Division of NBCUniversal. Connect with Vanguard vanguard.com Plain talk about risk . Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Please. EN A LIHTC can subsidize either 30 percent or 70 percent of the costs to create low-income units in a development project. The fund has no geographical limits on where it may investit may invest in both developed and emerging markets. Therefore, there can be no assurance of future results. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. This risk is actually greater for longer-term debt securities. Invests primarily in state, municipal and public authority bonds and notes rated in the top four categories. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. This average assumes reinvestment of dividends. The principal risks of investing in the Fund are: Market Risk. A Note about Risk:Principal risks of investing in the Fund include interest rate risk, credit risk, mortgage-related securities risk, and issuer concentration risk. Where applicable, securities, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs and ADRs and futures, are excluded from these calculations. ModifiedDuration - The change in the value of a fixed income security that will result from a 1% change in interest rates. 1 Morningstar Category: Intermediate Core-Plus Bond Category The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figure associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. Effective February 1, 2021, the Fund revised its name, objective and principal investment strategies and adopted a policy of investing at least 80% of its net assets in investment grade, U.S. dollar-denominated debt securities. This and other important information can be found in the Funds prospectus. Market open. The USG & GSE Money Market Funds 7 Day Yield is shown only without sales charges as this fund does not have sales charges. As with any mutual fund investment, loss of money is a risk of investing. Please see Fund prospectuses for additional information. *"Barron's Best Fund Families of 2021", #4 ranking in the Taxable Bond category based on the net total return of the one-year period ending 12/31/2021, among 51 qualifying fund families. Quarterly Fund Fact Sheet (PDF) 01/23. With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested. Please read the prospectus carefully before investing. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. The CUSIP Database, 2011 American Bankers Association. The Barclays US Intermediate Aggregate Bond Index is a broad-based benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. Touch device users, explore by touch or with swipe gestures. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. Design Identify and analyze your factsheet requirements All rights reserved. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Current performance may be higher or lower than the performance data quoted. Congratulations on personalizing your experience. The Funds foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Lipper Funds Average ranking reflect all share classes within the category and are based on total return and do not reflect the effect of sales charges. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Investments in debt securities typically decrease in value when interest rates rise. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. Morningstar rated the Lord Abbett Intermediate Tax Free Fund class I share 4, 3 and 4 stars among 273, 236 and 185 Muni National Interm Funds for the overall rating and the 3, 5 and 10 year periods ended 3/31/2023, respectively. The Fund invests in A or better-rated securities only. A variety of factors can negatively affect the price of a particular companys stock. A (LCLTX) Fund LCLTX Price as of: JUN 24, 05:00 PM EDT $54.72 + $0.38 + 0.70% Primary Theme N/A fund company Franklin Templeton Snapshot Profile Performance Holdings Expenses Distributions Managers Vitals YTD Return 18.0% 1 yr return 56.2% 3 Yr Avg Return 29.3% 5 Yr Avg Return 30.9% Net Assets $2.53 B Holdings in Top 10 23.5% 52 WEEK LOW AND HIGH Please Go back and select at least one fund document. S&P 500 Index Fund - DC - Non-Lending. No history records found for this date range. Copyright 2023 MarketWatch, Inc. All rights reserved. Quarterly Fund Fact Sheet (PDF) 01/23. The fund captures the performance potential of commodities through derivative exposure to the Credit Suisse Commodity Benchmark, a broad-based index. The Fund engages in active and frequent trading of its securities, which may result in increased transaction fees, reduced investment performance, and higher taxes. ClearBridge Select Fund Class A2 (LCLTX) Nasdaq - Nasdaq Delayed Price. Verify your identity, personalize the content you receive, or create and administer your account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Under normal circumstances, the fund invests primarily in publicly traded equity and equity-related securities of U.S. and nonU.S. View Portfolio . Log in to see them here or sign up to get started. | 1-Day Return as of Apr 17, 2023, 10:12 PM GMT+0, Muni National Intermediate-Term Bond Funds. Lipperprovides global, independent fund performance data. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time. Get ClearBridge Select Fund (LCLTX:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Morningstar RatingTMfor funds, or star rating, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. The fund may invest in securities of issuers of any market capitalization. Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. The 30-Day unsubsidized SEC Yield does not reflect any fee waivers/reimbursements/limits in effect. The fund is subject to the following risks, which could affect . Also, changes in the dividend policies of such companies and the capital resources available for such companies dividend payments may affect the Fund. The Funds sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. PGIM Emerging Market Corporate ESG Bond. PGIM Emerging Market Total Return Bond. During a general downturn in the financial markets, multiple asset classes may decline in value. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. The index includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency) with maturities of 1 to 9.999 years. The fund began offering Advisor Class shares on 3/20/2002, the fund began offering R6 Class shares on 8/1/2017, and the fund began offering A Class shares on 9/10/2018. The Fund seeks to deliver a high level of current income consistent with the preservation of capital by investing in a variety of short maturity debt securities including, corporate bonds, U.S. government securities, and mortgage- and other asset-backed debt securities. The Fund seeks to deliver current income and preservation of capital by investing primarily in short-term, liquid securities issued by the U.S. government, its agencies, and its instrumentalities. Develop and improve features of our offerings. The contents of this form are subject to the MutualFunds.com Gross Expense Ratio 0.73% Net Expense Ratio 0.73% Tax-Equivalent Yield -- 30-Day SEC Yield 1.60% Most Recent Distribution $0.1206 Availability Yield as of 3/31/23 (updated monthly). There may be less public information available about foreign companies than U.S. companies, making it difficult to evaluate those foreign companies. The fund is classified as nondiversified, which means that it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund. Volkswagen Left Behind as China Goes All In on EVs, Banking Crises Are Preventable, But Human Nature Gets in the Way, WomenTackle Football With a Full-Contact League of Their Own, Modi Eyes Higher Capital Gains Tax for Rich to Curb Inequality, UK Nurseries Say Jeremy HuntsChild Care Plans WontWork, Porsche Unwraps Refreshed Cayenne to Bolster Best-Selling Model, Hong Kong Stock Exchange to Tighten Climate Disclosure Rules, When Teen Angst and Gentrification Collide, Elon Musks Twitter Payment Plan Puts NYC Subway Alerts at Risk, Melbourne Becomes Australias Biggest City After Boundary Tweak, DCG-Owned Crypto Exchange Luno to Shut Down Singapore Operation, Ethereum Shanghai Upgrade Spurs Rotation to DeFi From Centralized Exchanges, Canadas New Crypto Rules Push Trading Platforms to Comply or Leave. There are currently no items in this Watchlist. For periods when fees and expenses were waived and/or reimbursed, the Fund benefited by not bearing such expenses. The value of the Funds portfolio may be affected by changes in the stock markets. Which type of investor describes you best? Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Source: Lipper Analytical Services. May invest up to 20% of assets in debt securities in the rating category of BBB/Baa (or unrated, but determined by the funds investment adviser to be of equivalent quality).

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