ClearBridge Global Infrastructure Income Fund Class I (RGIVX)
ClearBridge Global Infrastructure Income Fund Class I operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $16.52, up 0.06% on the session, giving a market capitalisation of $167.6M. Its beta of 0.53 implies it has historically moved less than the broad market.
The fund aims to generate both current income and long-term capital growth for its investors. It allocates a substantial portion—at least 80% of its net assets, potentially including any borrowed capital—to entities primarily engaged in the infrastructure sector or to other investments exhibiting comparable financial characteristics. Its core strategy involves acquiring dividend-yielding stocks and equity-linked instruments issued by publicly traded infrastructure enterprises. This diverse portfolio may encompass common shares, preferred shares, convertible stocks, other securities convertible into equity, publicly listed units of Master Limited Partnerships (MLPs), and holdings in other collective investment vehicles such as Exchange Traded Funds (ETFs) and Real Estate Investment Trusts (REITs).
ClearBridge Global Infrastructure Income Fund Class I is most often compared with the following Financial Services names: