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Address And Details

One Franklin Pkwy , San Mateo, CA 94403
Fund Manager Thomas Picciochi
Manager Tenure 8 Years

Strategy And Objective

The Fund seeks balance of growth of capital and income. The fund is a fund of funds it invests in other mutual funds and exchange-traded funds (ETFs). The fund is managed as an asset allocation program and allocates its assets among mutual funds and ETFs managed by the manager and its affiliates and ETFs managed by unaffiliated investment advisers (underlying funds). When selecting investments to fulfill a desired asset class exposure, the portfolio managers expect to allocate to Legg Mason-affiliated funds and ETFs, provided that appropriate products are available. At the current time, the fund invests primarily in affiliated mutual funds. The fund organizes its investments in underlying funds into two main asset classes: the equity class (equity securities of all types) and the fixed income class (fixed income securities of all types). The portfolio managers may invest across all asset classes and strategies. Under normal market conditions, the portfolio managers will allocate between 35% to 65% of the funds assets to underlying funds that invest in equity and equity-like strategies and between 35% to 65% of the funds assets to underlying funds that invest in fixed income strategies. The portfolio managers may, however, allocate fund assets to any underlying funds in varying amounts in a manner consistent with the funds investment objective. The funds allocation to each class will be measured at the time of purchase and may vary thereafter as a result of market movements. The portfolio managers will seek to maintain a level of risk in the fund similar to that of the funds composite benchmark as defined under Performance below. The underlying funds have a range of investment styles and focuses. The underlying funds may invest in foreign and emerging markets and engage in derivative transactions. The underlying equity funds may include exposure to any market capitalization or investment style including alternative investments (such as commodities, real estate assets and infrastructure assets). The underlying equity funds may employ strategies similar to those used by hedge funds, which may have a low correlation to broad stock market movements or take both long and short positions in equity securities. The underlying fixed income funds include funds investing in any sector, region or style, including foreign fixed income strategies, currency strategies, inflation-indexed securities, structured credit and distressed debt. The underlying fixed income funds may take both long and short positions in fixed income securities. Such funds may also seek to profit from changes in global financial markets and take positions to take advantage of changes in interest rates, exchange rates, liquidity and other macroeconomic factors. The underlying fixed income funds may also invest in securities having maturities of any length and any credit quality, including securities rated below investment grade (commonly known as (bonds). The portfolio managers may invest the funds assets in underlying funds that have a limited performance history.

Net Asset Value

as of 6:18 PM ET 05/20/2022

Performance

  • 1 Week
  • 0.00%
  • 1 Month
  • -5.76%
  • 3 Months
  • -8.29%
  • 1 Yr Return
  • -13.10%
  • 5 Yr Return
  • -5.70%

Equity Sector Breakdown

Finance 99.97%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 99.97%
Stocks 0.03%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 2.12 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -3.94 -3.43 -2.58
Beta 0.57 0.56 0.57
R Squared 0.92 0.91 0.91
Std Deviation 11.24 9.63 8.10
Sharpe Ratio 0.37 0.41 n/a

Purchase Information

as of 6:12 PM ET 05/19/2022
Minimum Initial $1000
Minimum Additional $50
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -6.47%
  • +1.29%
-6.47% +1.29%
3 Year
  • +4.15%
  • +6.62%
+4.15% +6.62%
10 Year
  • +5.26%
  • +5.82%
+5.26% +5.82%
Life Of Fund
  • +4.91%
  • +5.15%
+4.91% +5.15%

Top 10 Holdings

Symbol Company Name % Of Assets
GLOBX BRANDYWINE GLBL OPPT BD USDHD 7.56%
LRRAX LEGG MASON STRAT REAL RET FD 6.23%
LBWAX LEGG MASON BW DIV LRG CAP VAL 5.81%
WAHYX WESTERN ASSET HI YLD PTF 5.60%
LMESX LEGG MASON CLEARBRIDGE APP FD 5.33%
SBLGX CLEARBRIDGE LARGE CAP GROWTH 4.45%
LNFIX QS GLOBAL MKT NEUTRAL FUND 3.80%
MCEIX MARTIN CURRIE EMERG MKTS FD 3.60%
LMISX LEGG MASON PART US LG CAP EQ 3.29%
LMAOX LEGG MASON BW ALTERNATIVE CRE 2.56%

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