Legg Mason Cap Mgmt Opportunity C
100 Light StreetBaltimore MD 21202
Map
Phone: 877-721-1926
| Category: | Mid-Cap Value | | Fund Family: | Legg Mason | | Net Assets: | 1.10B | | Year-to-Date Return: | 10.69% | | Yield: | 0.00% | | Morningstar Rating: |  | | Fund Inception Date: | Dec 29, 1999 |
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Bill Miller
Lead Manager since Dec 29, 1999 | | | Bill Miller is the Chairman and Chief Investment Officer of Legg Mason Capital Management. He also currently serves as the co-portfolio manager for the Value Trust and portfolio manager for the Opportunity Trust mutual funds. Mr. Miller assumed overall responsibility for the equity funds management area of Legg Mason in late 1990. Prior to this time, he co-managed (with Ernie Kiehne) the Legg Mason Capital Management Value Trust from its inception in 1982. He was the director of research of Legg Mason from October 1981 through June 1985. |
| 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 long-term growth of capital.
The fund invests in securities, derivatives and other financial instruments that, in the portfolio managers' opinion, offer the opportunity for long-term growth of capital. It may also borrow money for investment purposes, in amounts up to 10% of the fund's net assets, a practice known as "leveraging. The fund may take temporary defensive and cash management positions; in such a case, the fund will not be pursuing its principal investment strategies and may not achieve its investment objective. It is non-diversified. |
| Last Dividend
(Dec 17, 2003)
:
| 0.05 | | Last Cap Gain
(Jun 18, 2008)
:
| 1.59 | | Annual Holdings Turnover
(Oct 5, 2010)
:
| 35.00% | | Average for Category: | 57.57% |
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| Expense | LMOPX | Category Avg |
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| Annual Report Expense Ratio (net): | 2.08% | 1.26% | | Prospectus Net Expense Ratio: | 2.80% | N/A | | Prospectus Gross Expense Ratio: | 2.80% | N/A | | Max 12b1 Fee: | 1.00% | N/A | | Max Front End Sales Load: | N/A | 5.42% | | Max Deferred Sales Load:
| 1.00% | 2.20% | | 3 Yr Expense Projection*: | 868 | 620 | | 5 Yr Expense Projection*: | 1,479 | 957 | | 10 Yr Expense Projection*: | 3,129 | 1,915 |
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0.14(1.03%) May 17