Fees & Purchase Info for Legg Mason Cap Mgmt Value C (LMVTX)

Fund Inception Date: Apr 16, 1982

  • Fees & Expenses

    Maximum Sales Fees
    Initial —
    Deferred 0.95%
    Redemption —
    Total Cost Projections per $10,000
    1 year $270.00
    3 year $542.00
    5 year $934.00
    Taken from prospectus dated 08/01/2009
    Maximum Fees
    Administrative 0.05%
    Management 0.70%
    Actual Fees
    12b-1 0.95%
    Management 0.65%
    Expense Ratio 1.72%
    (Taken from annual report dated 03/31/2009)

  • Purchase Information

    Minimum Investments
    Initial $1,000.00
    Additional $50.00
    Initial IRA $250.00
    Additional IRA $50.00
    Initial AIP $50.00
    Additional AIP $50.00
    Correspondence Information
    Legg Mason/Western
    100 Light St
    Baltimore MD 21203
    United States
    Phone: 800-822-5544
                  —
     Web: www.leggmason.com

  • Fund Management

    Managers

    Bill Miller
    Start Date: 04/16/1982
    Bill Miller is the CEO of Legg Mason Capital Management. He has been employed by Legg Mason since 1982. In addition, he is on the Board of Trustees at the Santa Fe Institute, a leading center for multi-disciplinary research in complex systems theory. After graduating with an economics degree from Washington & Lee University in 1972, Bill served as a military intelligence officer overseas and then pursued graduate studies in the Ph.D. program in philosophy at The Johns Hopkins University.
    Mary Chris Gay
    Start Date: 03/31/2006
    Gay is chief investment officer and senior vice president of LMCM. She is responsible for the day-to-day management and investment decisions made with respect to the Large Cap Fund. Ms. Gay manages the portfolio based upon a master portfolio managed by Bill Miller. She joined the research department of Legg Mason, Inc. in 1988 and became an analyst for LMCM in 1989. She was named a Portfolio Manager in 1998.

    Advisors

    Legg Mason Partners Fund Advisor, LLC

    Subadvisors