ClearBridge Global Infrastructure Inc IS (RGSVX)
ClearBridge Global Infrastructure Inc IS operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $15.69, up 0.26% on the session, giving a market capitalisation of $158.6M. Its beta of 0.53 implies it has historically moved less than the broad market.
The fund invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, if any, in securities issued by companies that are engaged in the infrastructure business and other investments with similar economic characteristics. It invests primarily in income paying equity and equity-related securities of exchange-traded infrastructure companies, which may include common stocks, preferred stocks, convertible stocks and other securities convertible into equity securities, publicly-traded units of MLPs, and securities of other investment companies, ETFs and REITs.
ClearBridge Global Infrastructure Inc IS is most often compared with the following Financial Services names: