Legg Mason Cap Mgmt Special Inv C
100 International DriveBaltimore, Maryland 21202
Map
Phone: 877-721-1926
| Category: | Mid-Cap Blend | | Fund Family: | Legg Mason | | Net Assets: | 682.78M | | Year-to-Date Return: | 7.02% | | Yield: | 0.96% | | Morningstar Rating: |  | | Fund Inception Date: | Dec 29, 1985 |
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Albert Grosman
Lead Manager since Sep 30, 2011 | | | Albert Grosman joined Legg Mason Capital Management in 2007 and currently serves as co-portfolio manager. Prior to joining LMCM, Albert worked as an equity analyst specializing in small and mid cap companies with Long Trail Investment Management, Phinity Capital, Cyllenius/Blackrock, and Fidelity Management and Research. During his tenure at Fidelity, Albert was a member of their Small Cap team and from 1997-99 was a portfolio manager for a Fidelity Select sector fund. Â
Over the years Albert gained broad based research experience with coverage responsibilities across multiple industries, including; consumer durables, consumer discretionary, technology and health care, among others. His previous responsibilities also included investment research in international markets, focused on Latin America. Albert obtained a B.B.A. in Business Administration from Emory University and an M.B.A. from Columbia Business School. |
| Min Initial Investment: | 1,000 | | Min Initial Investment, IRA: | 250 | | Min Initial Investment, AIP: | 50 | | Min Subsequent Investment: | 50 | | Min Subsequent Investment, IRA: | 50 | | Min Subsequent Investment, AIP: | 50 |
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| The investment seeks capital appreciation.
The fund invests primarily in equity securities and securities convertible into equity securities. It will not invest more than 20% of its total assets in securities of companies involved in reorganizations or restructurings in connection with bankruptcy proceedings, at the time of investment. The fund may also invest in debt securities, including securities of issuers involved in special situations, as defined above. It may invest up to 35% of its total assets in debt securities rated below investment grade and unrated securities judged by the adviser to be below investment grade. |
| Last Dividend
(Dec 11, 2012)
:
| 0.24 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 30.00% | | Average for Category: | 60.34% |
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| Expense | LMASX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.86% | 1.28% | | Prospectus Net Expense Ratio: | 1.88% | N/A | | Prospectus Gross Expense Ratio: | 1.88% | N/A | | Max 12b1 Fee: | 1.00% | N/A | | Max Front End Sales Load: | N/A | 5.26% | | Max Deferred Sales Load:
| 1.00% | 2.15% | | 3 Yr Expense Projection*: | 589 | 606 | | 5 Yr Expense Projection*: | 1,014 | 1,004 | | 10 Yr Expense Projection*: | 2,200 | 2,110 |
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0.13(0.36%) May 23