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LCLAX

ClearBridge Select Fund

Factsheet
View All
As of 04/10/2026

NAV 1

$54.70

$-0.24 (-0.44%)
 

POP 2

$57.88

 
 

YTD Total Return At NAV 3

-4.92%

 
As of 03/31/2026

Morningstar Overall Rating™ 4

View ratings details
Mid-Cap Growth

See the risks and other important information.

Overview

ClearBridge Investments logo
Fund Information
Asset Class 
Equity
Share Class Inception Date 
09/23/2013
Fund Inception Date 
11/30/2012
Benchmark 
Russell 3000 Index
Investment Style 
Growth
Lipper Classification 
Multi-Cap Growth Funds
Morningstar Category5 
Mid-Cap Growth
Dividend Frequency, if any 
Annually
Total Net Assets  As of 03/31/2026 (Updated Monthly)
$3.06 Billion
Portfolio Turnover 
29%
Sales Charges, Expenses & Fees
As of 03/01/2026
Gross Expense Ratio6 
1.39%
Net Expense Ratio6, 7 
1.34%
Maximum Initial Charge 
5.50%
CDSC8 
1.00%
Identifiers
Fund Number 
7106
Ticker 
LCLAX
CUSIP Code 
52471R648

ClearBridge Portfolio Managers

Aram Green

New York, United States

Managed Fund Since 2012

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns

As of 03/31/2026

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.02 to 18.09.
End of interactive chart.

Month End   As of 03/31/2026
Class A - With Sales Charge (POP) (%)
1 Year  
2.28
3 Years  
8.81
5 Years  
1.02
10 Years  
15.04
Since Inception   09/23/2013
12.47
Month End   As of 03/31/2026
Class A - Without Sales Charge (NAV) (%)
1 Year  
8.23
3 Years  
10.88
5 Years  
2.23
10 Years  
15.72
Since Inception   09/23/2013
13.01
Month End   As of 03/31/2026
Russell 3000 Index (%)
1 Year  
18.09
3 Years  
17.86
5 Years  
10.87
10 Years  
13.72
Since Inception   09/23/2013
12.77

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. 

See the risks and other important information.


Calendar Year Returns

Calendar Year Returns

As of 03/31/2026

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -37.12 to 58.29.
End of interactive chart.

Month End   As of 03/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-12.98
2025  
1.00
2024  
14.46
2023  
17.01
2022  
-37.12
2021  
13.10
2020  
49.18
2019  
25.41
2018  
3.81
2017  
30.72
2016  
-2.16
Performance Inception Date  
09/23/2013
Month End   As of 03/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
-7.91
2025  
6.87
2024  
21.13
2023  
23.82
2022  
-33.28
2021  
19.99
2020  
58.29
2019  
33.03
2018  
10.17
2017  
38.69
2016  
3.83
Performance Inception Date  
09/23/2013
Month End   As of 03/31/2026
Russell 3000 Index (%)
YTD  
-3.96
2025  
17.15
2024  
23.81
2023  
25.96
2022  
-19.21
2021  
25.66
2020  
20.89
2019  
31.02
2018  
-5.24
2017  
21.13
2016  
12.74
Performance Inception Date  
—

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. 

See the risks and other important information.


Cumulative Total Returns

Cumulative Total Returns

As of 03/31/2026

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 2013-09-01 00:00:00 to 2026-03-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 9904.87 to 51467.12.
End of interactive chart.

Month End   As of 03/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-12.98
1 Year  
2.28
3 Years  
28.84
5 Years  
5.21
10 Years  
305.97
15 Years  
—
Since Inception   09/23/2013
335.58
Month End   As of 03/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
-7.91
1 Year  
8.23
3 Years  
36.33
5 Years  
11.63
10 Years  
330.64
15 Years  
—
Since Inception   09/23/2013
362.27
Month End   As of 03/31/2026
Russell 3000 Index (%)
YTD  
-3.96
1 Year  
18.09
3 Years  
63.70
5 Years  
67.50
10 Years  
261.57
15 Years  
—
Since Inception   09/23/2013
350.79

Historical Cumulative Total Returns

Date Selected   As of 03/31/2026
Class A - With Sales Charge (POP) (%)
YTD  
-12.98
1 Year  
2.28
3 Years  
28.84
5 Years  
5.21
10 Years  
305.97
15 Years  
—
Since Inception   09/23/2013
335.58
Date Selected   As of 03/31/2026
Class A - Without Sales Charge (NAV) (%)
YTD  
-7.91
1 Year  
8.23
3 Years  
36.33
5 Years  
11.63
10 Years  
330.64
15 Years  
—
Since Inception   09/23/2013
362.27
Date Selected   As of 03/31/2026
Russell 3000 Index (%)
YTD  
-3.96
1 Year  
18.09
3 Years  
63.70
5 Years  
67.50
10 Years  
261.57
15 Years  
—
Since Inception   09/23/2013
350.79

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. 

See the risks and other important information.

If the sales charge (if applicable) had been included, the return would have been lower. 


Risk Measures

Risk Measures

 As of 03/31/2026
Measured against: Russell 3000 Index
Statistics 3 Years 5 Years 10 Years
Alpha (%)-7.90-8.26 1.14
Beta1.201.12 1.10
R-Squared0.910.88 0.81
Historical Tracking Error5.356.50 8.53
Information Ratio-1.30-1.33 0.24
Upside Capture Ratio91.6088.11 113.56
Downside Capture Ratio131.27122.83 106.50
Standard Deviation (%) 3 Years 5 Years 10 Years
Class A - Without Sales Charge (NAV)15.8118.47 19.03
Sharpe Ratio (%) 3 Years 5 Years 10 Years
Class A - Without Sales Charge (NAV)0.430.02 0.75

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. 

See the risks and other important information.


Portfolio

Assets

As of 03/31/2026 Updated Monthly
Total Net Assets 
$3.06 Billion

Positions

As of 03/31/2026 Updated Monthly
 FundBenchmark
Number of Holdings 912,939

Portfolio Statistics

As of 03/31/2026 Updated Monthly
 FundBenchmark
Price to Book 8.40x5.14x
Weighted Average Market Capitalization (USD) $582.93 Billion$1,027.98 Billion
Price to Earnings (12-Month Trailing) 34.31x25.33x
Median Market Cap (USD) $56.29 Billion$246.20 Billion
Price to Earnings (12-Month Forward) 23.64x20.09x

Portfolio Allocations

  • Sector
  • Market Capitalization

Sector

Sector Allocation

As of 03/31/2026 % of Total Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.52084 to 32.47688.
End of interactive chart.
Fund Benchmark
Information Technology 32.48% 30.32%
Industrials 16.60% 10.32%
Health Care 10.86% 10.03%
Consumer Discretionary 8.06% 9.93%
Consumer Staples 7.97% 5.02%
Financials 5.78% 13.07%
Energy 4.98% 4.24%
Communication Services 4.12% 9.70%
Unassigned 2.53% —
Real Estate 2.13% 2.36%
Materials 1.86% 2.50%
Utilities 0.52% 2.52%
Cash & Cash Equivalents 2.11% —

Market Capitalization

Market Capitalization Allocation 9

 As of 03/31/2026 % of Equity Updated Monthly

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.47044 to 34.73787.
End of interactive chart.
Fund
<10 Billion 16.25%
10-50 Billion 32.45%
50-250 Billion 34.74%
250-500 Billion 2.47%
>500 Billion 14.09%

Portfolio Holdings

Top Equity Securities

As of 03/31/2026 Updated Monthly

Chart

Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.26825 to 6.35988.
End of interactive chart.
Fund
NVIDIA Corp 6.36%
Apple Inc 3.94%
Casey's General Stores Inc 3.22%
L3Harris Technologies Inc 3.14%
Performance Food Group Co 2.64%
Microsoft Corp 2.56%
Baker Hughes Co 2.55%
iShares Russell 2000 ETF 2.49%
Comfort Systems USA Inc 2.39%
Vertiv Holdings Co 2.27%

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

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any This fund is an ex-Dividend fund
Annually
Capital Gain Distributions 
December

Proposed 2026 distribution dates for some Franklin Templeton specialist investment managers (excluding ETFs).

Historical Distributions Per Share
Since Inception Year
  • 2022
  • 2021
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • Since Inception
Record Date  
06/16/2022
Ex-Dividend Date  
06/17/2022
Reinvestment Date  
06/17/2022
Payable Date  
06/17/2022
Reinvestment Amount  
$33.84
Long-Term Capital Gains  
$0.0048
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.0048
Record Date  
12/02/2021
Ex-Dividend Date  
12/03/2021
Reinvestment Date  
12/03/2021
Payable Date  
12/03/2021
Reinvestment Amount  
$51.83
Long-Term Capital Gains  
$1.57183
Short-Term Capital Gains  
$0.24672
Income  
—
Total Distribution Per Share  
$1.81855
Record Date  
06/19/2019
Ex-Dividend Date  
06/20/2019
Reinvestment Date  
06/20/2019
Payable Date  
06/20/2019
Reinvestment Amount  
$27.52
Long-Term Capital Gains  
$0.00017
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.00017
Record Date  
12/04/2018
Ex-Dividend Date  
12/06/2018
Reinvestment Date  
12/06/2018
Payable Date  
12/06/2018
Reinvestment Amount  
$23.61
Long-Term Capital Gains  
$0.13987
Short-Term Capital Gains  
$0.14831
Income  
—
Total Distribution Per Share  
$0.28818
Record Date  
12/05/2017
Ex-Dividend Date  
12/06/2017
Reinvestment Date  
12/06/2017
Payable Date  
12/06/2017
Reinvestment Amount  
$19.30
Long-Term Capital Gains  
$0.32813
Short-Term Capital Gains  
$0.10693
Income  
—
Total Distribution Per Share  
$0.43506
Record Date  
12/07/2016
Ex-Dividend Date  
12/08/2016
Reinvestment Date  
12/08/2016
Payable Date  
12/08/2016
Reinvestment Amount  
$15.11
Long-Term Capital Gains  
$0.16939
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.16939
Record Date  
12/09/2015
Ex-Dividend Date  
12/10/2015
Reinvestment Date  
12/10/2015
Payable Date  
12/10/2015
Reinvestment Amount  
$14.65
Long-Term Capital Gains  
$0.77259
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$0.77259
Record Date  
12/10/2014
Ex-Dividend Date  
12/11/2014
Reinvestment Date  
12/11/2014
Payable Date  
12/11/2014
Reinvestment Amount  
$15.43
Long-Term Capital Gains  
$0.41142
Short-Term Capital Gains  
$0.0993
Income  
—
Total Distribution Per Share  
$0.51072
Record Date  
12/26/2013
Ex-Dividend Date  
12/27/2013
Reinvestment Date  
12/27/2013
Payable Date  
12/27/2013
Reinvestment Amount  
$14.44
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.012014
Total Distribution Per Share  
$0.012014
Record Date  
12/11/2013
Ex-Dividend Date  
12/12/2013
Reinvestment Date  
12/12/2013
Payable Date  
12/12/2013
Reinvestment Amount  
$13.45
Long-Term Capital Gains  
—
Short-Term Capital Gains  
$0.52044
Income  
—
Total Distribution Per Share  
$0.52044

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.

Tax Information

Tax Information

Federal ID Number 461050694
For information on tax years prior to 2008, please contact us
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 ($)
2025 Year
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
Record Date  
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
—
Qualified Dividends  
—
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
—
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
—
Foreign Source Qualified Dividends 
—
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
—
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
—
Utah Resident Taxable Income 
—

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 04/10/2026 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 3182 data points.
The chart has 1 X axis displaying Time. Data ranges from 2013-09-24 00:00:01 to 2026-04-10 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 11.15 to 59.96.
End of interactive chart.

Daily Fund Prices

As of 04/10/2026

Share Prices

As of 04/10/2026
NAV1 (Net Asset Value)
$54.70
NAV Change1 
$-0.24
NAV Change (%)1 
-0.44%
POP2 (Public Offering Price)
$57.88

52-Week Range

Highest NAV 
$59.96
Lowest NAV 
$45.53
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 04/10/2026
$54.70 (USD)
POP  As of 04/10/2026
$57.88 (USD)
Highest NAV  As of 03/10/2026
$55.16 (USD)
Lowest NAV  As of 03/30/2026
$51.35 (USD)

Historical Pricing Results   From   03/10/2026   To   04/10/2026

Date 
04/10/2026
NAV  
$54.70
POP  
$57.88
NAV Change  
$-0.24
NAV Change (%)  
-0.44%
Date 
04/09/2026
NAV  
$54.94
POP  
$58.14
NAV Change  
$-0.01
NAV Change (%)  
-0.02%
Date 
04/08/2026
NAV  
$54.95
POP  
$58.15
NAV Change  
$1.35
NAV Change (%)  
2.52%
Date 
04/07/2026
NAV  
$53.60
POP  
$56.72
NAV Change  
$-0.25
NAV Change (%)  
-0.46%
Date 
04/06/2026
NAV  
$53.85
POP  
$56.98
NAV Change  
$0.35
NAV Change (%)  
0.65%
Date 
04/03/2026
NAV  
$53.50
POP  
$56.61
NAV Change  
$0.24
NAV Change (%)  
0.45%
Date 
04/02/2026
NAV  
$53.50
POP  
$56.61
NAV Change  
$0.24
NAV Change (%)  
0.45%
Date 
04/01/2026
NAV  
$53.26
POP  
$56.36
NAV Change  
$0.28
NAV Change (%)  
0.53%
Date 
03/31/2026
NAV  
$52.98
POP  
$56.06
NAV Change  
$1.63
NAV Change (%)  
3.17%
Date 
03/30/2026
NAV  
$51.35
POP  
$54.34
NAV Change  
$-0.35
NAV Change (%)  
-0.68%
Date 
03/27/2026
NAV  
$51.70
POP  
$54.71
NAV Change  
$-1.00
NAV Change (%)  
-1.90%
Date 
03/26/2026
NAV  
$52.70
POP  
$55.77
NAV Change  
$-1.04
NAV Change (%)  
-1.94%
Date 
03/25/2026
NAV  
$53.74
POP  
$56.87
NAV Change  
$0.36
NAV Change (%)  
0.67%
Date 
03/24/2026
NAV  
$53.38
POP  
$56.49
NAV Change  
$-0.13
NAV Change (%)  
-0.24%
Date 
03/23/2026
NAV  
$53.51
POP  
$56.62
NAV Change  
$0.86
NAV Change (%)  
1.63%
Date 
03/20/2026
NAV  
$52.65
POP  
$55.71
NAV Change  
$-1.07
NAV Change (%)  
-1.99%
Date 
03/19/2026
NAV  
$53.72
POP  
$56.85
NAV Change  
$-0.07
NAV Change (%)  
-0.13%
Date 
03/18/2026
NAV  
$53.79
POP  
$56.92
NAV Change  
$-0.69
NAV Change (%)  
-1.27%
Date 
03/17/2026
NAV  
$54.48
POP  
$57.65
NAV Change  
$0.38
NAV Change (%)  
0.70%
Date 
03/16/2026
NAV  
$54.10
POP  
$57.25
NAV Change  
$0.61
NAV Change (%)  
1.14%
Date 
03/13/2026
NAV  
$53.49
POP  
$56.60
NAV Change  
$-0.31
NAV Change (%)  
-0.58%
Date 
03/12/2026
NAV  
$53.80
POP  
$56.93
NAV Change  
$-1.29
NAV Change (%)  
-2.34%
Date 
03/11/2026
NAV  
$55.09
POP  
$58.30
NAV Change  
$-0.07
NAV Change (%)  
-0.13%
Date 
03/10/2026
NAV  
$55.16
POP  
$58.37
NAV Change  
$-0.48
NAV Change (%)  
-0.86%

Documents

Product Literature

PDF Format

Factsheet - ClearBridge Select Fund

Regulatory Documents

PDF Format

Semi-Annual Report - ClearBridge Select Fund Class A

PDF Format

Annual Report - ClearBridge Select Fund - Class A

PDF Format

Prospectus - ClearBridge Select Fund

PDF Format

Summary Prospectus - ClearBridge Select Fund

PDF Format

Statement of Additional Information - Legg Mason Partners Investment Trust Book 24

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - ClearBridge Select Fund

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - ClearBridge Select Fund

Mailed hardcopies unavailable.

 

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Risks

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