CAABX Fees and Costs — ClearBridge Sustainability Leaders Fund, Class C
Data updated: 2026-09-23
The net expense ratio is 1.95%: a 0.65% management fee, a 1.00% 12b-1 fee plus 0.36% other expenses, less a 0.06% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $19K in broker commissions, 0.0180% of average net assets, and portfolio turnover was 44%.
CAABX Fees and Expenses
Annual operating expenses and sales charges of CAABX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 2.01% |
| Fee waiver | −0.06% |
| Net expense ratio | 1.95% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
CAABX Costs Over Time
On $10,000 invested in CAABX, assuming 5% a year before costs, total costs come to $1,207 over 5 years, cutting the return by 2.07% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.95%) | $205 | $632 | $1,086 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $32 | $112 |
| Total costs | $310 | $670 | $1,207 |
| Value after costs | $10,190 | $10,906 | $11,555 |
| Impact on return, per year | 3.10% | 2.07% | 2.07% |
CAABX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0180%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $199K
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
CAABX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $3K | 19.82% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $2K | 14.71% |
| BOFA SECURITIES, INC. | $2K | 11.38% |
| UBS Securities LLC | $2K | 10.17% |
| GOLDMAN SACHS & CO. LLC | $2K | 9.54% |
| MORGAN STANLEY & CO. LLC | $1K | 8.42% |
| Stifel, Nicolaus & Co., Inc. | $1K | 7.82% |
| J.P. MORGAN SECURITIES LLC | $1K | 7.33% |
| Pershing LLC | $1K | 6.35% |
| WELLS FARGO SECURITIES, LLC | $719 | 4.45% |
CAABX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $102K | 51.10% |
| J.P. Morgan Securities LLC | $97K | 48.90% |
ClearBridge Sustainability Leaders Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LCILX | Class IS | 0.75% | none |
| LCISX | Class I | 0.85% | none |
| CLSUX | Class A | 1.20% | 5.50% |
| LCSTX | Class FI | 1.20% | none |
| CBSLX | Class R | 1.45% | none |
| CAABX | Class C | 1.95% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.