Investment objective & strategy
As of Dec. 23, 2025 · prospectusObjective. The fund seeks capital appreciation.
Strategy. The fund invests primarily in common stocks of companies the portfolio managers believe are experiencing, or will experience, growth in earnings exceeding the average rate of earnings growth of the companies which comprise the S&P 500 Index. The fund may invest in the securities of large, well-known companies offering prospects of long-term earnings growth. However, because higher earnings growth rates are often achieved by small to medium capitalization companies, a significant portion of the funds assets may be invested in the securities of such companies. The fund may invest up to 25% of its net assets (at the time of investment) in foreign securities. The fund invests primarily in common stocks of companies the portfolio managers believe are experiencing, or will experience, growth in earnings exceeding the average rate of earnings growth of the companies which comprise the S&P 500 Index. The fund may invest in the securities of large, well-known companies offering prospects of long-term earnings growth. However, because higher earnings growth rates are often achieved by small to medium capitalization companies, a significant portion of the funds assets may be invested in the securities of such companies. The fund may invest up to 25% of its net assets (at the time of investment) in foreign securities.
Top holdings
As of Feb. 27, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| TE CONNECTIVITY PLC | — | $231.63M | 5.50% |
| VERTEX PHARMACEUTICALS INC | — | $229.04M | 5.44% |
| VERTIV HOLDINGS CO | — | $221.75M | 5.27% |
| BROADCOM INC | — | $203.51M | 4.83% |
| TJX COS INC | — | $186.26M | 4.43% |
| JOHNSON CONTROLS INTERNATIONAL PLC | — | $167.09M | 3.97% |
| L3HARRIS TECHNOLOGIES INC | — | $167.00M | 3.97% |
| MADISON SQUARE GARDEN SPORTS CORP | — | $145.52M | 3.46% |
| HILTON WORLDWIDE HOLDINGS INC | — | $134.53M | 3.20% |
| FREEPORT MCMORAN INC | — | $122.10M | 2.90% |
Portfolio moves
Nov 28, 2025 → Feb 27, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| ClearBridge Variable Growth Portfolio · QLMGOX, QLMGTX | 95% | 0.87% |
| ClearBridge Mid Cap Growth Fund · LBGAX, LBGCX, LCMRX, LBGIX, LCMIX | 29% | 0.75% |
| VOYA MIDCAP OPPORTUNITIES PORTFOLIO · IAMOX, IIMOX, ISMOX, IMOPX, VMCRX | 26% | 0.75% |
Advisers
| Firm | Role |
|---|---|
| FRANKLIN TEMPLETON FUND ADVISER, LLC | Adviser |
| Western Asset Management Company, LLC | Sub-adviser |
| ClearBridge Investments, LLC | Sub-adviser |
Footnotes
- Expense ratio as of December 23, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 27, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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