LRGE ClearBridge Large Cap Growth ESG ETF
This is an actively managed fund that seeks to achieve long-term capital appreciation through investments in large-capitalization companies with positive ESG attributes that have the potential for high future earnings growth. High-conviction stock selection. Takes a “business model first, valuation second” approach. Fosters engaged, impactful investing. Allows investors to simultaneously pursue financial return and social good. To start, companies with a market cap similar to those in the Russell 1000 Growth Index are evaluated for sustainability and growth as well as competitive advantage. Select from these candidates those with attractive valuations. Favor companies that promote best practices when it comes to the environment, social issues and corporate governance. Re-examine a current holding when fundamentals decline, full value is reached or there is a significant negative change in the company’s environmental/social/governance performance.
$47.91 +1.11 (2.37%)
As of 08/10/2022 09:36:16 EST IEX book CBOE book
ETF Information
Sponsor: Legg Mason
Category1: US Equity
Category2: Socially responsible
Category3: Large and mid cap
Morningstar category: Large Growth
Leverage factor: 1.00
Inception date: 05/20/2017
Current yield: 1.59%
Historical average yield: 0.84%
Market cap: $192,110,940
Average volume: 33,759
Fees: 0.5900%
Investment style: Actively managed
Factors used to select securities: