Legg Mason Cap Mgmt Value C
100 International DriveBaltimore, Maryland 21202
Map
Phone: 877-721-1926
| Category: | Large Blend | | Fund Family: | Legg Mason | | Net Assets: | 2.23B | | Year-to-Date Return: | 6.47% | | Yield: | 0.61% | | Morningstar Rating: |  | | Fund Inception Date: | Apr 15, 1982 |
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Sam Peters
Lead Manager since Oct 31, 2010 | | | Sam Peters joined Legg Mason Capital Management in 2005. He serves as the co-portfolio manager of the LMCM Value Trust along with Bill Miller, and is also the co-portfolio manager of the LMCM Special Investment trust mutual fund and our Mid-Cap equity strategy for institutional investors along with Albert Grosman. Sam also oversees the LMCM Research team. Prior to joining Legg Mason, Sam worked for Fidelity Management & Research, serving as Portfolio Manager of the Fidelity Select Health Care Fund and the Fidelity Select Medical Equipment Fund, as well as Team Leader for the Health Care sector. From 2002 to 2004, Sam was Portfolio Manager for the Fidelity Select Electronics Fund, and from 2000 to 2001, he was Portfolio Manager for the Fidelity Select Banking Fund. Sam joined Fidelity in 1999 as a Bank Analyst. In 1996, Sam founded Samuel M. Peters Investment Advisors, an independent advisory firm. From 1992 to 1995, Sam was a Financial Consultant for Eppler, Guerin & Turner. Sam is on the Board of Trustees for the Gilman School in Maryland. He earned a B.A. in economics from the College of William & Mary and an M.B.A. from the University of Chicago. He received his CFA designation in 1997. Sam is a board member of the College of William and Mary's Endowment Committee. Sam is also on the Board of Trustees of the Gilman School in Baltimore, MD.a. 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 long-term growth of capital.
The fund invests primarily in equity securities that, in the portfolio managers' opinion, offer the potential for capital growth. It generally invests in companies with market capitalizations greater than $5 billion, but may invest in companies of any size. The fund may also invest in debt securities. It may invest up to 25% of its total assets in long-term debt securities. Up to 10% of its total assets may be invested in debt securities rated below investment grade (i.e., below BBB/Baa), commonly known as "junk bonds," and unrated securities judged by the adviser to be below investment grade. |
| Last Dividend
(Dec 11, 2012)
:
| 0.28 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 40.00% | | Average for Category: | 51.91% |
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| Expense | LMVTX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.79% | 1.11% | | Prospectus Net Expense Ratio: | 1.80% | N/A | | Prospectus Gross Expense Ratio: | 1.80% | N/A | | Max 12b1 Fee: | 0.95% | N/A | | Max Front End Sales Load: | N/A | 5.27% | | Max Deferred Sales Load:
| 0.95% | 2.36% | | 3 Yr Expense Projection*: | 566 | 775 | | 5 Yr Expense Projection*: | 974 | 1,258 | | 10 Yr Expense Projection*: | 2,115 | 2,352 |
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0.42(0.83%) May 22