3 / 5 Stars
2 2 5 2 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#55 in Large Value
U.S. News evaluated 326 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 17.16 percent over the past year, 13.35 percent over the past three years, 18.51 percent over the past five years, and 6.44 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.1%|
|3 Years (Annualized)||13.3%|
|5 Years (Annualized)||18.5%|
|10 Years (Annualized)||6.4%|
The investment seeks to provide a high level of current income; long-term capital appreciation is its secondary objective. The fund normally invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities or other investments with similar economic characteristics. It may invest up to 50% of its net assets in equity securities of foreign issuers, either directly or through depositary receipts. The fund may invest up to 20% of its net assets in fixed income securities. It may invest in fixed income securities of any quality, including lower-rated, high-yielding debt securities.
Fees are Low compared to funds in the same category.
ClearBridge Equity Income Fund has an expense ratio of 1.15 percent.
Risk is Low compared to funds in the same category according to Morningstar.