ClearBridge Appreciation A (SHAPX) a Zacks Rank #1 (Strong Buy) seeks long-term capital appreciation. The fund invests in U.S. growth and value stocks, primarily blue-chip companies that are dominant in their industries.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Bond. Further, as of the last filing, MICROSOFT CORP, COMCAST CORP and HOME DEPOT INC were the top holdings for SHAPX.
The ClearBridge Appreciation A fund, managed by Legg Mason, carries an expense ratio of 0.98%. Moreover, SHAPX requires a minimal initial investment of $1,000.
SHAPX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.42%, 3 year 9.68% and 5 year 10.60%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
SHAPX’s performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 36% over the past 3 years, and in the 22% over the past 5 years.
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Zacks Investment Research