LMUGX — QS U.S. Large Cap Equity Fund
Data updated: 2026-07-22
LMUGX — QS U.S. Large Cap Equity Fund. United States Large Cap Blend / Core Equity · $525.13M AUM. Holdings, fees, performance and SEC filings.
LMUGX Fund Overview
LMUGX — QS U.S. Large Cap Equity Fund is a US mutual fund managed by Legg Mason Partners Investment Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Legg Mason Partners Investment Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $525.13M
- Ticker: LMUGX
- SEC CIK: 0000880366
- SEC series ID: S000022091
- Share class ID: C000063385
LMUGX Investment Objective and Strategy
QS U.S. Large Cap Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Legg Mason Partners Investment Trust.
Investment objective
The fund seeks long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, if any, in U.S. equity securities or other investments with similar economic characteristics of large capitalization companies. The fund has exposure to growth and value equities of large capitalization companies. The fund seeks to produce returns that exceed those of the Russell 1000 Index over a full market cycle (typically three to five years).
LMUGX Holdings
Top 10 holdings of QS U.S. Large Cap Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 7.60% |
| Apple, Inc. | 7.05% |
| Microsoft Corp. | 4.78% |
| Alphabet, Inc.-Cl A | 3.44% |
| Amazon.com, Inc. | 3.11% |
| Alphabet, Inc.-Cl C | 3.09% |
| Micron Technology, Inc. | 2.65% |
| Broadcom, Inc. | 2.45% |
| Facebook, Inc.-A | 2.31% |
| Lam Research Corp. | 1.37% |
LMUGX Portfolio Allocation
Asset-class allocation of QS U.S. Large Cap Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 1.0% |
LMUGX Performance
Total returns for LMUGX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.4% |
| 1 year | 30.4% |
| 3 years (annualised) | 25.7% |
| 5 years (annualised) | 13.9% |
LMUGX Risk Information
Risk metrics for LMUGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.2%
LMUGX Costs and Fees
LMUGX costs about $180 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.80%
- Gross expense ratio: 1.87%
- Portfolio turnover: 52%
- Brokerage commissions: 2.92 bps of average net assets (SEC N-CEN)
LMUGX Cashflows
Over the 12 months to 2026-05, QS U.S. Large Cap Equity Fund had net inflows of $73.13M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $8.81M |
| 2026-04 | $1.10M |
| 2026-03 | −$1.15M |
| 2026-02 | $23.43M |
| 2026-01 | −$2.96M |
| 2025-12 | $13.06M |
LMUGX Debt Constituents
No individual debt constituents are reported in QS U.S. Large Cap Equity Fund's latest SEC N-PORT filing.
LMUGX Prospectus and SEC Filings
Official QS U.S. Large Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-03-25
- Prospectus (485BPOS) — filed 2025-03-25
- Prospectus (485BPOS) — filed 2024-03-25
- Portfolio holdings (N-PORT) — filed 2026-07-22
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-02-11
- Annual census (N-CEN) — filed 2025-02-05
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.