CLVT - ClearBridge Mid Cap Strategy Portfolio Manager Commentary Q3 2021

• ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.
• The Strategy generated positive absolute performance and outperformed its benchmark due to strong stock selection.
• We continue to find compelling opportunities in the market, adding four new positions while exiting five others.
• We are actively monitoring disruptions across global supply chains and manufacturing capacity, and are focused on companies with pricing power to overcome these challenges.

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