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Managed Strategy Since 2003
Equity
ClearBridge Appreciation Portfolios
Overview
Product Facts
- Benchmark
- S&P 500 Index
- Inception Date
- 02/28/2003
- Asset Class
- Equity
- Number of Issuers
As of 09/30/2026 (Updated Quarterly) - 58
Average Annual Total Returns As of 08/31/2026
- 9.81%1 Year
- 14.15%3 Years
- 7.50%5 Years
- 9.76%10 Years
- 8.82%Since Inception
02/28/2003
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross composite performance of the portfolio reduced by an annual fee of 2.02%, the maximum fee charged by Primerica Advisors to clients invested in the strategy through the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS Report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars. Returns for periods less than one year are not annualized.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the ClearBridge Large Cap Growth investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Platform, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. ClearBridge Investments, LLC claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Top Sectors
As of 06/30/2026 % of Total (Updated Quarterly)
Information Technology32.35% | |
Communication Services12.29% | |
Financials11.23% | |
Industrials10.36% | |
Health Care7.68% |
Manager and Commentary
About the Team
ClearBridge Investments is an active equity manager offering a broad range of strategies across global developed and emerging markets, local markets, and income. ClearBridge manages diversified, high-conviction portfolios through collaborative fundamental research to meet the needs of some of the world's largest asset owners and financial intermediary platforms. We invest as long-term, risk-aware business owners and seek to deliver consistency of process and performance for our clients through market cycles. A focus on durability drives everything we do; from the business models of the companies we own, to the holding periods of our portfolios, to the stability and longevity of our investment professionals.
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Managed Strategy Since 2016
Latest ClearBridge Insights
October 1, 2026
September 23, 2026
September 21, 2026
September 11, 2026
Performance
Average Annual Total Returns
As of 08/31/2026
Selected Month August 2026
ClearBridge Appreciation Portfolios - Net (%)
Month End
As of 08/31/2026
- 1 Year
- 9.81
- 3 Years
- 14.15
- 5 Years
- 7.50
- 7 Years
- 9.99
- 10 Years
- 9.76
- 15 Years
- 10.71
- 20 Years
- 8.34
- Since Inception(02/28/2003)
- 8.82
ClearBridge Appreciation Portfolios - Pure Gross (%)
Month End
As of 08/31/2026
- 1 Year
- 12.01
- 3 Years
- 16.43
- 5 Years
- 9.66
- 7 Years
- 12.19
- 10 Years
- 11.96
- 15 Years
- 12.92
- 20 Years
- 10.51
- Since Inception(02/28/2003)
- 11.00
S&P 500 Index (%)
Month End
As of 08/31/2026
- 1 Year
- 20.38
- 3 Years
- 21.04
- 5 Years
- 12.79
- 7 Years
- 16.54
- 10 Years
- 15.37
- 15 Years
- 15.14
- 20 Years
- 11.37
- Since Inception(02/28/2003)
- 11.96
Past performance is no guarantee of future results. Management and performance of individual accounts may vary for reasons that include the existence of different implementation practices and model requirements in different investment programs.
Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Fees: Returns for periods less than one year are not annualized. Pure Gross of fee returns do not reflect the deduction of any expenses, including transaction costs. Net composite returns referenced above represent Pure Gross composite performance of the portfolio reduced by an annual fee of 2.02%, the maximum fee charged by Primerica Advisors to clients invested in the strategy through the Lifetime Investment Platform wrap fee program. The Net of fee composite returns presented in the strategy GIPS Report are calculated by reducing each monthly composite pure gross rate of return by the highest "bundled" fee charged (3.00%) annually, prorated to a monthly ratio.
Returns reflect the reinvestment of dividends and other earnings. All performance is reported in US dollars. Returns for periods less than one year are not annualized.
For Primerica Lifetime Investment Program accounts, Clearbridge Investments, LLC ("ClearBridge"), through Franklin Templeton Private Portfolio Group, LLC (FTPPG), will provide a model portfolio for the ClearBridge Large Cap Growth investment strategy to PFS Investments, Inc. ("Primerica Advisors"). Clearbridge and FTPPG anticipate that Primerica Advisors will generally follow the model in managing client accounts. However, Primerica Advisors, not Clearbridge or FTPPG, has investment authority and discretion over client accounts on the Lifetime Investment Program. Accounts managed by Primerica Advisors through the Lifetime Investment Platform, utilizing the model will experience performance results different from the performance results of accounts managed by ClearBridge and FTPPG on a discretionary basis outside of the platform due to the fees charged by Primerica Advisors, and due to Primerica Advisors' management of its program and each client's account under the program.
To obtain specific information on available products and services or a GIPS® Report, contact your Franklin Templeton separately managed account sales team at (800) 822-8464. ClearBridge Investments, LLC claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Portfolio
Positions
As of 06/30/2026 (Updated Quarterly)
Number of Issuers
- Portfolio
- 59
- Benchmark
- 503
Portfolio Statistics
As of 06/30/2026 (Updated Quarterly)
Estimated 3-5 Year EPS Growth 1
- Portfolio
- 15.71%
- Benchmark
- 20.82%
- Portfolio
- 23.91x
- Benchmark
- 22.52x
- Portfolio
- 9.96x
- Benchmark
- 10.26x
- Portfolio
- 1.01%
- Benchmark
- 1.07%
- Portfolio
- $758.53 Billion
- Benchmark
- $451.97 Billion
- Portfolio
- $1,419.55 Billion
- Benchmark
- $1,348.90 Billion
Sector Allocation
As of 06/30/2026 % of Total (Updated Quarterly)
| Sector | % of Total | Benchmark |
|---|---|---|
Information Technology | 32.35% | 38.03% |
Communication Services | 12.29% | 9.68% |
Financials | 11.23% | 11.76% |
Industrials | 10.36% | 8.93% |
Health Care | 7.68% | 8.89% |
Consumer Discretionary | 6.72% | 9.31% |
Consumer Staples | 5.21% | 4.57% |
Materials | 5.11% | 1.83% |
Energy | 4.57% | 2.98% |
Utilities | 1.97% | 2.20% |
Real Estate | 0.76% | 1.83% |
Cash & Cash Equivalents | 1.74% | — |
Holdings
As of 06/30/2026 (Updated Quarterly)
NVIDIA Corp
Alphabet Inc
Apple Inc
Amazon.com Inc
ASML Holding NV
Microsoft Corp
Eli Lilly & Co
Broadcom Inc
JPMorgan Chase & Co
Johnson & Johnson
Documents
[Documents not available]
Important Information
Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares. Returns reflect reinvestment of dividends and capital gains. Performance figures for periods shorter than one year represent cumulative figures and are not annualized. All performance is reported in US dollars.
Franklin Templeton claims compliance with the Global Investment Performance Standards (GIPS®). GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein.
Separately Managed Accounts (SMAs) are investment services provided by Franklin Templeton Private Portfolio Group, LLC (FTPPG), a federally registered investment advisor. Client portfolios are managed based on investment instructions or advice provided by affiliated subadvisors of Franklin Templeton. Management is implemented by FTPPG, the designated subadvisor or, in the case of certain programs, the program sponsor or its designee.
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Franklin Templeton (FT) is not undertaking to provide impartial advice. Nothing herein is intended to provide fiduciary advice. FT has a financial interest.
Important data provider notices and terms available at www.franklintempletondatasources.com.
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 S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
Source: © S&P Dow Jones Indices LLC. All rights reserved.
All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.