ClearBridge Large Cap Growth ESG ETFClearBridge Large Cap Growth ESG ETFClearBridge Large Cap Growth ESG ETF

ClearBridge Large Cap Growth ESG ETF

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Key stats


Assets under management (AUM)
‪395.73 M‬USD
Fund flows (1Y)
‪160.62 M‬USD
Dividend yield (indicated)
0.18%
Discount/Premium to NAV
−0.08%
Shares outstanding
‪5.46 M‬
Expense ratio
0.48%

About ClearBridge Large Cap Growth ESG ETF


Brand
ClearBridge
Inception date
May 22, 2017
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Franklin Templeton Fund Adviser LLC
Distributor
Franklin Distributors LLC
LRGEs manager seeks to invest for the long run by identifying social and economic trends that will have an impact on the economy as a whole. The strategy emphasizes companies with similar economic characteristics to Russell 1000 Growth Index, while screening for specific financial and ESG criteria. The funds ESG screen considers factors such as workplace policies, employee benefits, environmental management, eco-efficiency, community involvement, strategic philanthropy, strong corporate governance, and board independence. Fundamental metrics are measured by traditional analysis such as discounted cash flow, market implied growth, and scenario analysis. LRGE uses the ESG information collected to assign proprietary ClearBridge ESG ratings to each security. Ultimately, the narrow portfolio will hold 40-50 securities with ESG ratings of A, AA, or AAA. On June 14, 2024, sibling fund ClearBridge All Cap Growth ESG ETF (CACG) was fully reorganized into the ETF.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Growth
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stock breakdown by region
90%7%1%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.