LMPOX Fees and Costs — ClearBridge Small Cap Growth Fund, Class R
Data updated: 2026-09-23
The net expense ratio is 1.48%: a 0.75% management fee, a 0.50% 12b-1 fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.1M in broker commissions, 0.0410% of average net assets, and portfolio turnover was 20%.
LMPOX Fees and Expenses
Annual operating expenses and sales charges of LMPOX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.22% |
| Gross expense ratio | 1.48% |
| Fee waiver | — |
| Net expense ratio | 1.48% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
LMPOX Costs Over Time
On $10,000 invested in LMPOX, assuming 5% a year before costs, total costs come to $942 over 5 years, cutting the return by 1.60% 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 |
| Fund expenses (net expense ratio 1.48%) | $155 | $482 | $832 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $25 | $87 |
| Total costs | $160 | $520 | $942 |
| Value after costs | $10,340 | $11,056 | $11,821 |
| Impact on return, per year | 1.60% | 1.60% | 1.60% |
LMPOX 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): 0.0410%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $21.8M
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
LMPOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $146K | 17.79% |
| GOLDMAN SACHS & CO. LLC | $113K | 13.74% |
| BARCLAYS CAPITAL, INC. | $92K | 11.27% |
| JEFFERIES LLC | $87K | 10.63% |
| MORGAN STANLEY & CO. LLC | $77K | 9.36% |
| J.P. MORGAN SECURITIES LLC | $75K | 9.17% |
| ROBERT W. BAIRD & CO. INC. | $68K | 8.25% |
| INSTINET, LLC | $57K | 6.89% |
| JONESTRADING | $55K | 6.75% |
| Stifel, Nicolaus & Co., Inc. | $50K | 6.15% |
LMPOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP LLLP | $12.0M | 54.86% |
| J.P. Morgan Securities LLC | $4.4M | 20.03% |
| BOFA SECURITIES, INC. | $3.4M | 15.73% |
| CitiGroup Global Markets Inc. | $2.0M | 9.37% |
ClearBridge Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LMOIX | Class IS | 0.79% | none |
| SBPYX | Class I | 0.91% | none |
| LMPMX | Class 1 | 0.93% | — |
| SASMX | Class A | 1.20% | 5.50% |
| LMPSX | Class FI | 1.24% | none |
| LMPOX | Class R | 1.48% | none |
| SCSMX | Class C | 2.00% | 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.