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home / news releases / AGNCM - ClearBridge Value Equity Strategy Q1 2024 Portfolio Manager Commentary


AGNCM - ClearBridge Value Equity Strategy Q1 2024 Portfolio Manager Commentary

2024-04-10 12:50:00 ET

Summary

  • 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 outperformed its benchmark, led by utilities holdings benefiting from expectations for long-term power pricing strength on the back of greater electricity demand from AI.
  • We seek to consistently generate attractive returns in most market environments, with our engine powered by convergence of price to compounding intrinsic business value.
  • It will not take much of a shift in concentrated capital to continue to lift laggards into future leaders, and we are taking steps to position ourselves accordingly.

By Reed Cassady, CFA, Sam Peters, CFA, & Jean Yu, CFA


The Internal Engine of Returns

Market Overview

For further details see:

ClearBridge Value Equity Strategy Q1 2024 Portfolio Manager Commentary
Stock Information

Company Name: AGNC Investment Corp. Depositary Shares rep 6.875% Series D Fixed-to-Floating Cumulative Redeemable Preferred Stock
Stock Symbol: AGNCM
Market: NASDAQ
Website: agnc.com

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