Investment objective & strategy
As of March 25, 2026 · prospectusObjective. The fund seeks long-term capital growth.
Strategy. Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities or other investments with similar economic characteristics of U.S. companies with large market capitalizations. Large capitalization companies are those companies with market capitalizations similar to companies in the Russell 1000 Index (the Index). The core holdings of the fund are large capitalization companies that the portfolio managers believe to be dominant in their industries due to product, distribution or service strength. The portfolio managers emphasize individual security selection while diversifying the funds investments across industries, which may help to reduce risk. The portfolio managers attempt to identify established large capitalization companies with the highest growth potential. The … Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in equity securities or other investments with similar economic characteristics of U.S. companies with large market capitalizations. Large capitalization companies are those companies with market capitalizations similar to companies in the Russell 1000 Index (the Index). The core holdings of the fund are large capitalization companies that the portfolio managers believe to be dominant in their industries due to product, distribution or service strength. The portfolio managers emphasize individual security selection while diversifying the funds investments across industries, which may help to reduce risk. The portfolio managers attempt to identify established large capitalization companies with the highest growth potential. The portfolio managers then analyze each company in detail, ranking its management, strategy and competitive market position. Finally, the portfolio managers attempt to identify the best values available among the growth companies identified. The portfolio managers may sell a security if it no longer meets the funds investment criteria or for other reasons, including to meet redemptions or to redeploy assets to better investment opportunities. The fund may invest up to 20% 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 |
|---|---|---|---|
| NVIDIA CORP | — | $1.38B | 13.17% |
| AMAZON.COM INC | — | $707.16M | 6.74% |
| META PLATFORMS INC CL A | — | $681.03M | 6.49% |
| APPLE INC | — | $588.80M | 5.61% |
| MICROSOFT CORP | — | $538.15M | 5.13% |
| NETFLIX INC | — | $464.08M | 4.42% |
| VISA INC-CLASS A | — | $412.04M | 3.92% |
| ALPHABET INC CL A | — | $376.50M | 3.59% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $265.89M | 2.53% |
| INTUITIVE SURGICAL INC | — | $262.91M | 2.50% |
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. |
|---|---|---|
| JNL/ClearBridge Large Cap Growth Fund | 95% | 0.63% |
| ClearBridge Variable Large Cap Growth Portfolio · QLMLOX, LVLGX | 95% | 0.74% |
| EQ/ClearBridge Large Cap Growth ESG Portfolio | 93% | 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 March 25, 2026, 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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