LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX)

Basic Info 9.05 0.02(0.22%)
May 15

LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A started on 12/05/2013
LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A is classified as asset class EQUITY
LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A expense ratio is 2.40%
LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A rating is
(68%)

LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) Dividend Info

LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) dividend growth in the last 12 months is 108.10%

The trailing 12-month yield of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A is 5.40%. its dividend history:

DateDividend
03/28/2024 0.1825
12/19/2023 0.1435
09/29/2023 0.1039
06/30/2023 0.0789
03/31/2023 0.1503
12/20/2022 0.0786
09/30/2022 0.0156
03/31/2022 0.1117
12/20/2021 0.0907
09/30/2021 0.0847
06/30/2021 0.0906
03/31/2021 0.1185
12/18/2020 0.243
09/30/2020 0.045
06/30/2020 0.028
03/31/2020 0.105
12/19/2019 0.159
09/30/2019 0.034
06/28/2019 0.066
03/29/2019 0.064
12/20/2018 0.0349
09/27/2018 0.0856
06/28/2018 0.0009
03/28/2018 0.084
12/21/2017 0.106
09/29/2017 0.052
06/30/2017 0.088
03/31/2017 0.135
02/29/2016 0.007
12/31/2015 0.296
11/30/2015 0.014
10/30/2015 0.023
09/30/2015 0.024
08/31/2015 0.022
07/31/2015 0.02
06/30/2015 0.02
05/29/2015 0.017
04/30/2015 0.013
03/31/2015 0.013
02/27/2015 0.01
01/30/2015 0.01
12/31/2014 0.023
12/10/2014 0.347
11/28/2014 0.014
10/31/2014 0.016
09/30/2014 0.017
08/29/2014 0.02
07/31/2014 0.021
06/30/2014 0.021

Dividend Growth History for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX)

Year
Payout Amount
Year Start Yield
Annual Payout Growth (YoY)
CAGR to 2023
2023 $0.4766 4.91% 131.47% -
2022 $0.2059 2.02% -46.45% 131.47%
2021 $0.3845 3.81% -8.67% 11.33%
2020 $0.421 4.03% 30.34% 4.22%
2019 $0.323 3.19% 57.25% 10.21%
2018 $0.2054 1.98% -46.09% 18.33%
2017 $0.381 3.85% 5,342.86% 3.80%
2016 $0.007 0.07% -98.55% 82.75%
2015 $0.482 4.59% 0.63% -0.14%
2014 $0.479 4.75% - -0.06%

Dividend Growth Chart for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX)

LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) Historical Returns And Risk Info

From 07/09/2018 to 05/15/2024, the compound annualized total return (dividend reinvested) of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is 1.443%. Its cumulative total return (dividend reinvested) is 8.738%.

From 07/09/2018 to 05/15/2024, the Maximum Drawdown of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is 20.5%.

From 07/09/2018 to 05/15/2024, the Sharpe Ratio of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is 0.31.

From 07/09/2018 to 05/15/2024, the Annualized Standard Deviation of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is 4.5%.

From 07/09/2018 to 05/15/2024, the Beta of LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is -0.04.

Last 1 Week* YTD*(2024) 1 Yr 3 Yr 5 Yr 10 Yr Since
07/09/2018		 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Annualized Return(%) 0.2 3.1 1.1 -0.9 1.2 1.9 1.4 -3.2 -2.6 4.6 1.1 6.1 -0.2 8.8 5.4 -6.2 8.9 0.8
Sharpe Ratio NA 2.03 -0.71 -0.79 -0.06 0.17 0.31 -1.57 -0.86 1.78 0.08 2.48 -0.71 3.32 1.35 -1.25 3.15 7.03
Draw Down(%) NA 1.1 5.2 9.5 20.5 20.5 20.5 6.5 6.3 1.4 20.5 0.8 2.5 1.2 3.7 10.6 2.5 0.1
Standard Deviation(%) NA 2.5 3.8 4.0 5.5 4.6 4.5 4.8 4.6 2.6 9.9 1.9 2.1 2.5 3.8 5.0 2.8 1.8
Treynor Ratio NA 0.47 1.24 0.38 0.05 -0.2 -0.36 0.54 0.39 0.97 -0.11 -0.85 -0.31 0.92 0.54 -13.82 5.23 1.83
Alpha NA 0.01 -0.01 -0.01 0.0 0.01 0.01 -0.02 -0.02 0.01 0.01 0.02 0.0 0.02 0.02 -0.03 0.03 0.03
Beta NA 0.11 -0.02 -0.08 -0.07 -0.04 -0.04 -0.14 -0.1 0.05 -0.07 -0.06 0.05 0.09 0.1 0.0 0.02 0.07
RSquare NA 0.27 0.0 0.14 0.08 0.03 0.02 0.16 0.3 0.06 0.07 0.14 0.15 0.07 0.12 0.0 0.01 0.14
Yield(%) N/A 2.0 5.4 3.6 3.7 3.3 N/A 4.8 2.1 3.8 3.9 3.2 1.9 3.9 0.1 4.5 4.8 0.0
Dividend Growth(%) N/A -61.7 108.1 N/A N/A N/A N/A 123.8 -44.7 -7.3 28.1 60.0 -48.7 3800.0 -97.9 -2.1 N/A N/A

Return Calculator for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX)

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LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) Historical Return Chart

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LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 07/09/2018 to 05/15/2024, the worst annualized return of 3-year rolling returns for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is -1.02%.
From 07/09/2018 to 05/15/2024, the worst annualized return of 5-year rolling returns for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is -0.47%.
From 07/09/2018 to 05/15/2024, the worst annualized return of 10-year rolling returns for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is NA.
From 07/09/2018 to 05/15/2024, the worst annualized return of 20-year rolling returns for LEGG MASON BW ALTERNATIVE CREDIT FUND CLASS A (LMAPX) is NA.

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