Managed Fund Since 2009
QLMGOX ClearBridge Variable Growth Portfolio
Popular Documents
Overview
Fund Facts
Fund description
Seeks to invest in companies across capitalizations with high growth potential. Patient management seeks capital appreciation through a high-conviction portfolio of companies offering new or innovative technologies, products and services. Bottom-up stock selection process favors companies with strong fundamentals, skilled and committed management teams and a clear market advantage.
- Benchmark
- Russell Midcap Growth Index
- Fund Inception Date
- 11/01/1999
- Share Class Inception Date
- 11/01/1999
Identifiers
- Ticker
- QLMGOX
- Fund Number
- 7673
- CUSIP Code
- 52467X203
- Bloomberg Code
- QLMGOX US
Top Sectors
As of 12/31/2025 Equity as a % of Total (Updated Monthly)
Information Technology31.33% | |
Industrials19.16% | |
Consumer Discretionary13.88% | |
Health Care12.15% | |
Communication Services9.23% |
Additional Fund Info
- Asset Class
- Equity
- Morningstar Category
4 - Mid-Cap Growth
- Lipper Classification
- N/A
- Investment Style
- Growth
Manager and Commentary
About the Team
ClearBridge Investments
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.

Managed Fund Since 2021
Managed Fund Since 2024
Latest ClearBridge Insights
January 9, 2026
December 18, 2025
December 12, 2025
December 12, 2025
Portfolio
Assets
As of12/31/2025 (Updated Monthly)
- Total Net Assets
- $143.53 Million
Positions
As of 12/31/2025 (Updated Monthly)
- Fund
- 52
- Benchmark
- 281
Sector Allocation
As of 12/31/2025 Equity as a % of Total (Updated Monthly)
| Sector | % of Total | Benchmark |
|---|---|---|
Information Technology | 31.33% | 17.08% |
Industrials | 19.16% | 20.92% |
Consumer Discretionary | 13.88% | 21.92% |
Health Care | 12.15% | 15.49% |
Communication Services | 9.23% | 5.92% |
Financials | 6.87% | 9.89% |
Materials | 2.88% | 0.33% |
Utilities | 2.04% | 2.85% |
Consumer Staples | 0.69% | 1.57% |
Other | 0.00% | — |
Energy | — | 2.65% |
Real Estate | — | 1.37% |
Holdings
As of 11/30/2025 (Updated Monthly)
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
Federal ID Number 134071209
For information on tax years prior to 2008, please contact us2025 tax information will be available in early February
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - ClearBridge Variable Growth Portfolio | |||
| Annual Report - ClearBridge Variable Growth Portfolio - Class I | |||
| Semi-Annual Report - ClearBridge Variable Aggressive Growth Portfolio - Class I | |||
| Semi-Annual Financial Statements and Other Information - ClearBridge Variable Growth Portfolio | |||
| Prospectus - ClearBridge Variable Growth Portfolio | |||
| Summary Prospectus - ClearBridge Variable Growth Portfolio | |||
| Statement of Additional Information - Legg Mason Partners Variable Equity Trust Book 33 | |||
| Fiscal Q1 Holdings - ClearBridge Variable Growth Portfolio | |||
| Fiscal Q3 Holdings - ClearBridge Variable Growth Portfolio |
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. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Short selling is a speculative strategy. Unlike the possible loss on a security that is purchased, there is no limit on the amount of loss on an appreciating security that is sold short. 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
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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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 Russell Midcap Growth Index measures the performance of the mid-cap growth segment of the U.S. equity universe.
Source: FTSE.
Franklin Distributors, LLC. Member FINRA/SIPC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.