- ISIN
- US52469H7686
- CUSIP
- 52469H768
- Issuer
- Franklin Templeton
- Inception Date
- Sep 1, 1998
- Category
- Mid Cap Blend Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SBMAX Performance Chart
ClearBridge Mid Cap Fund (SBMAX) is up 3.6% since the beginning of the year. SBMAX is currently trading at $34 per share. Investors who bought $1,000 worth of SBMAX shares 5 years ago would now be looking at an investment worth $1,148.
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Returns By Period
ClearBridge Mid Cap Fund (SBMAX) has returned 3.64% so far this year and 8.10% over the past 12 months. Over the last ten years, SBMAX has returned 8.14% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
ClearBridge Mid Cap Fund
- 1D
- 0.93%
- 1M
- 2.81%
- YTD
- 3.64%
- 6M
- 1.94%
- 1Y
- 8.10%
- 3Y*
- 8.48%
- 5Y*
- 2.79%
- 10Y*
- 8.14%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SBMAX Monthly Returns History
Based on dividend-adjusted daily data since Aug 31, 1998, SBMAX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Oct 2011 with a return of +17.5%, while the worst month was Mar 2020 at -19.8%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, SBMAX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.40% | 2.74% | -7.53% | 7.16% | -2.42% | 1.88% | 3.64% | ||||||
| 2025 | 4.81% | -4.59% | -6.65% | -2.25% | 7.93% | 4.14% | 2.56% | 2.05% | 0.99% | -4.09% | 1.31% | -1.08% | 4.21% |
| 2024 | -2.37% | 5.34% | 2.97% | -5.48% | 2.03% | -2.34% | 4.26% | 1.01% | 2.08% | -1.40% | 10.39% | -5.93% | 9.79% |
| 2023 | 8.64% | -1.53% | -4.89% | -1.02% | -2.02% | 8.92% | 3.16% | -2.17% | -4.70% | -5.84% | 8.63% | 7.35% | 13.51% |
| 2022 | -9.68% | -1.11% | 0.80% | -7.90% | -1.21% | -9.13% | 9.24% | -4.86% | -10.00% | 7.11% | 5.08% | -4.54% | -25.19% |
| 2021 | 0.22% | 6.32% | 4.18% | 4.54% | -0.58% | 0.51% | 2.53% | 3.31% | -3.86% | 6.23% | -2.34% | 4.78% | 28.37% |
Benchmark Metrics
ClearBridge Mid Cap Fund has an annualized alpha of 2.18%, beta of 1.00, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since August 31, 1998.
- This fund captured 109.37% of S&P 500 Index gains and 100.17% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.18% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.00 and R2 of 0.85, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.18%
- Beta
- 1.00
- R²
- 0.85
- Upside Capture
- 109.37%
- Downside Capture
- 100.17%
Expense Ratio
SBMAX has a high expense ratio of 1.13%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SBMAX ranks 8 for risk / return — in the bottom 8% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ClearBridge Mid Cap Fund (SBMAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SBMAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.78 | -1.97 |
| Martin ratioReturn relative to average drawdown | 2.44 | 12.44 | -10.00 |
Dividends
Dividend History
ClearBridge Mid Cap Fund provided a 8.61% dividend yield over the last twelve months, with an annual payout of $2.89 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.89 | $2.89 | $2.95 | $0.61 | $1.49 | $5.38 | $2.70 | $2.67 | $1.26 | $2.18 | $0.54 | $1.48 |
Dividend yield | 8.61% | 8.92% | 8.73% | 1.83% | 4.96% | 12.79% | 7.27% | 7.78% | 4.52% | 6.52% | 1.70% | 5.00% |
Monthly Dividends
The table displays the monthly dividend distributions for ClearBridge Mid Cap Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.89 | $2.89 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.95 | $2.95 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $1.49 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.38 | $5.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ClearBridge Mid Cap Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ClearBridge Mid Cap Fund was 52.41%, occurring on Nov 20, 2008. Recovery took 541 trading sessions.
The current ClearBridge Mid Cap Fund drawdown is 1.95%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -52.41%Nov 2008 | 1y 1mo | 2y 1mo | 3y 3moOct 2007 - Jan 2011 |
COVID crash2020 | -39.88%Mar 2020 | 1mo 1d | 6mo 23d | 7mo 24dFeb 2020 - Oct 2020 |
Dot-com crash2000–2002 | -38.63%Oct 2002 | 2y 1mo | 2y 9mo | 4y 10moSep 2000 - Jul 2005 |
Bear market2022 | -31.55%Oct 2022 | 11mo 1d | 2y 11mo | 3y 10moNov 2021 - Sep 2025 |
2011 bear market2011 | -28.13%Oct 2011 | 4mo 4d | 5mo 12d | 9mo 16dJun 2011 - Mar 2012 |
Drawdown Indicators
| SBMAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.41% | -56.78% | +4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -10.32% | -9.10% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -23.62% | -18.90% | -4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -31.55% | -25.43% | -6.12% |
Max Drawdown (10Y)Largest decline over 10 years | -39.88% | -33.92% | -5.96% |
Current DrawdownCurrent decline from peak | -1.95% | -1.80% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -9.66% | -10.71% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.03% | +1.43% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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