Morningstar

ClearBridge Appreciation Fund Class A SHAPX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 37.38  /  +0.84 %
  • Total Assets 9.7B
  • Adj. Expense Ratio
    0.910%
  • Expense Ratio 0.910%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.28%
  • Turnover 28%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:53 AM GMT+0

Morningstar’s Analysis SHAPX

Will SHAPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SHAPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SHAPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SHAPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Defensive by design.

Associate Analyst Natalia Arrigoni

Natalia Arrigoni

Associate Analyst

Summary

The strategy benefits from a capable duo and a patient process that have remained consistent over time, warranting Above Average People and Process ratings.

by Natalia Arrigoni
Rated on Published on

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Portfolio Holdings SHAPX

More SHAPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

9.36 914M
Technology

Apple Inc

7.74 757M
Technology

Alphabet Inc Class A

5.79 565M
Communication Services

Amazon.com Inc

4.84 473M
Consumer Cyclical

Microsoft Corp

4.11 402M
Technology

JPMorgan Chase & Co

2.92 285M
Financial Services

Eli Lilly and Co

2.68 262M
Healthcare

Johnson & Johnson

2.34 228M
Healthcare

Broadcom Inc

2.18 212M
Technology

Thermo Fisher Scientific Inc

2.11 207M
Healthcare

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