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Managed Fund Since 2009
Equity
SHRAX ClearBridge Growth Fund
Popular Documents
Total Net Assets
$4.54B
As of 09/30/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
Seeks to invest in companies across capitalizations with high growth potential. Patient management seeks capital appreciation from a high-conviction portfolio of companies with new or innovative technologies, products and services. Bottom-up stock selection favors strong fundamentals, committed management and a clear market advantage.
- Benchmark
- Russell Midcap Growth Index
- Fund Inception Date
- 10/24/1983
- Dividend Frequency, if any
- Annually
- Portfolio Turnover
- 22%
Identifiers
- Ticker
- SHRAX
- Fund Number
- 7009
- CUSIP Code
- 52468C109
Average Annual Total Returns As of 09/30/2025
Class A
- 12.80%1 Year
- 16.04%3 Years
- 7.54%5 Years
- 7.66%10 Years
- 10.86%Since Inception
10/24/1983
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Sectors
As of 09/30/2025 Equity as a % of Total (Updated Monthly)
Additional Fund Info
- Share Class Inception Date
- 10/24/1983
- Investment Style
- Growth
- Lipper Classification
- Multi-Cap Growth Funds
- Morningstar Category
- Mid-Cap Growth
Manager and Commentary
About the Team
ClearBridge Investments
ClearBridge Investments is a well-established global investment manager focusing on proprietary research and fundamental investing. With over 60 years of experience building portfolios for clients seeking income solutions, high active share or low-volatility, long-tenured portfolio managers provide strong leadership in a centralized investment structure.
Commentary Highlights
June 30, 2025- Markets: U.S. equities rebounded strongly from tariff and geopolitical scares to deliver healthy gains in the second quarter. The S&P 500 returned 10.9% in the quarter, swinging from a near bear market to an all-time high. The benchmark Russell Midcap Growth Index advanced a market-leading 18.2% as risk-on sentiment took hold. Growth stocks led across market caps, with the Russell Midcap Growth Index outperforming its value counterpart by more than 1,200 basis points.
- Contributors: Holdings in Broadcom, Robinhood Markets, Vertiv and Snowflake. Stock selection in the information technology (IT) sector, overweights to IT and communication services.
- Detractors: Holdings in Vertex Pharmaceuticals, UnitedHealth Group and TJX. Stock selection in the health care and communication services sectors.
- Outlook: While the full impacts of updated tariff policies with U.S. trading partners have yet to be felt globally, we feel confident that our holdings with strong market positions, value-based offerings and pricing power are well-positioned to weather tariff-related cost inflation.
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Managed Fund Since 2021
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Managed Fund Since 2024
Latest ClearBridge Insights
October 20, 2025
October 10, 2025
September 18, 2025
September 16, 2025
Performance
Average Annual Total Returns
As of 09/30/2025
Selected Month September 2025
Class A - With Sales Charge (POP) (%)
Month End
As of 09/30/2025
Class A - Without Sales Charge (NAV) (%)
Month End
As of 09/30/2025
Russell Midcap Growth Index (%)
Month End
As of 09/30/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 3
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Portfolio
Assets
As of09/30/2025 (Updated Monthly)
- Total Net Assets
- $4.54 Billion
Positions
As of 09/30/2025 (Updated Monthly)
Number of Holdings
- Fund
- 53
- Benchmark
- 281
Portfolio Statistics
As of 09/30/2025 (Updated Monthly)
Price to Book
- Fund
- 12.51x
- Benchmark
- 12.59x
- Fund
- 37.62x
- Benchmark
- 30.14x
- Fund
- $64.95 Billion
- Benchmark
- $35.14 Billion
- Fund
- $178.97 Billion
- Benchmark
- $38.26 Billion
- Fund
- 22.00%
- Benchmark
- —
- Fund
- 43.68x
- Benchmark
- 35.76x
Asset Allocation
As of 09/30/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 99.87% |
Bond | 0.05% |
Cash | 0.08% |
Holdings
As of 09/30/2025 (Updated Monthly)
Broadcom Inc.
TE Connectivity PLC
Autodesk, Inc.
Vertex Pharmaceut
L3Harris Technologies Inc.
Tjx Companies Inc
Johnson Controls Int'l
Vertiv Holdings Co.
Crowdstrike Holdings Inc.
AppLovin Corp
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
For the latest updates on portfolio holdings, if any, please refer to the Documents section below.
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/11/2024
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - ClearBridge Growth Fund | |||
| Product Commentary - ClearBridge Growth Fund |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - ClearBridge Aggressive Growth Fund - Class A | |||
| Annual Financial Statements and Other Information - ClearBridge Growth Fund | |||
| Semi-Annual Report - ClearBridge Aggressive Growth Fund - Class A | |||
| Semi-Annual Financial Statements and Other Information - ClearBridge Growth Fund | |||
| Prospectus - ClearBridge Growth Fund | |||
| Summary Prospectus - ClearBridge Growth Fund | |||
| Statement of Additional Information - Legg Mason Partners Income Trust Book 12 | |||
| Fiscal Q1 Holdings - ClearBridge Growth Fund | |||
| Fiscal Q3 Holdings - ClearBridge Growth Fund |
Risks
All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Russell Midcap Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe.
Source: FTSE.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.