- What does SHAPX invest in?
- This fund primarily seeks growth through investments in the stocks (equity securities) of companies located within the United States. While it generally favors established businesses with mid-to-large market valuations, it also possesses the discretion to allocate capital to smaller enterprises. A minor portion of the portfolio, up to 20% of its total net assets, may be channeled into the shares of companies based outside the U.S.
- What is the expense ratio of SHAPX?
- ClearBridge Appreciation A (SHAPX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SHAPX?
- ClearBridge Appreciation A (SHAPX) manages $9.56B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is SHAPX actively managed or an index fund?
- SHAPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was SHAPX launched?
- ClearBridge Appreciation A (SHAPX) launched in May 1973 and is managed by ClearBridge.
- How has SHAPX performed?
- SHAPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
