ClearBridge Select Fund
Legg Mason Partners Investment Trust · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
ClearBridge Select Fund is an actively managed U.S. equity fund. 36% of LCLAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 88% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q1
The fund seeks to provide long-term growth of capital.
The fund employs a bottom-up fundamental research approach to identify equity securities with strong growth prospects or attractive valuations across all market capitalizations and geographies, including developed and emerging markets, without reference to a benchmark. The fund may also invest significantly in fixed income securities, including high-yield debt, when the portfolio manager believes they offer superior total return opportunities. Because the fund concentrates holdings in a smaller number of issuers, it may experience significant exposure to particular industries or sectors. The fund may use derivatives and short positions for hedging, as substitutes for direct securities purchases, or to enhance returns.
| Share class | Gross | Net |
|---|---|---|
| LCLAX | 1.39% | 1.34% |
| LCLCX | 2.08% | 2.08% |
| LCBSX | 1.37% | 1.37% |
| CBSCX | 1.68% | 1.68% |
| LCSSX | 0.99% | 0.99% |
| LBFIX | 1.09% | 1.09% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 29.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 96.06% |
| Cash & short-term | 3.26% |
| Bonds | 0.90% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 29.2% |
| Industrials | 16.7% |
| Health Care | 7.8% |
| Consumer Staples | 7.2% |
| 10 smaller | 39.0% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +13.96% | +46.55% | +12.28% | 12.40% | -13.54% | |
| +13.08% | +43.34% | +8.14% | 12.39% | -13.73% | |
| +13.87% | +46.37% | +12.04% | 12.40% | -13.53% | |
| +13.60% | +45.04% | — | 12.40% | -13.63% | |
| +14.32% | +48.12% | +14.19% | 12.41% | -13.41% | |
| +14.20% | +47.60% | +13.55% | 12.41% | -13.47% |
These classes hold the same portfolio, so the 4.78pp spread over 3 years is the cost difference between them — roughly 1.59pp a year — not a difference in what they own.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 1-3y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPNVDA | 7.05% | $199.57 | $226.31M | 1.1M |
| AAPL | APPLE INCAAPL | 4.59% | $271.35 | $147.26M | 542.7K |
| MSFT | MICROSOFT CORPMSFT | 3.38% | $407.78 | $108.62M | 266.4K |
| CASY | CASEY'S GENERAL STORES INCCASY | 3.04% | $822.15 | $97.59M | 118.7K |
| FIX | COMFORT SYSTEMS USA INCFIX | 2.89% | $1,840.25 | $92.75M | 50.4K |
| BKR | BAKER HUGHES COMPANYBKR | 2.82% | $69.67 | $90.64M | 1.3M |
| VRT | VERTIV HOLDINGS COMPANYVRT | 2.72% | $328.49 | $87.24M | 265.6K |
| LHX | L3HARRIS TECHNOLOGIES INCLHX | 2.66% | $320.55 | $85.36M | 266.3K |
| LRCX | LAM RESEARCH CORPLRCX | 2.50% | $257.86 | $80.37M | 311.7K |
| PFGC | PERFORMANCE FOOD GROUP COMPANYPFGC | 2.34% | $90.56 | $75.01M | 828.3K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 33.99% of net assets, top 25 58.66%, across 88 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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