QDMSIX: QS Legg Mason Dynamic Multi-Strat VIT I

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QDMSIX QS Legg Mason Dynamic Multi-Strat VIT I


Profile

QDMSIX - Profile

Vitals

  • YTD Return -13.6%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return -2.4%
  • Net Assets $1.19 B
  • Holdings in Top 10 84.8%

52 WEEK LOW AND HIGH

$11.80
$11.72
$13.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return -13.6%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return -2.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    QS Legg Mason Dynamic Multi-Strategy VIT Portfolio
  • Fund Family Name
    Legg Mason
  • Inception Date
    Nov 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Prashant Chandran

Fund Description

The fund is a fund of funds-it invests primarily in other funds. These underlying funds are open-end funds and exchange-traded funds ("ETFs") managed by the manager or its affiliates, or ETFs that are based on an index and managed by unaffiliated investment advisers. Its target allocation for long-term investments is 70% in equity funds and 30% in fixed income funds that are not money market funds.


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Categories

Performance

QDMSIX - Performance

Return Ranking - Trailing

Period QDMSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.6% -61.5% 53.8% 74.59%
1 Yr -9.3% -68.1% 49.8% 59.56%
3 Yr -1.1%* -34.6% 16.3% 32.74%
5 Yr -2.4%* -32.9% 16.0% 55.05%
10 Yr N/A* -34.3% 10.3% N/A

* Annualized

Return Ranking - Calendar

Period QDMSIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.3% -50.4% 46.8% 32.78%
2018 -8.9% -31.8% 19.0% 42.09%
2017 12.4% -44.7% 46.3% 5.33%
2016 -3.2% -84.5% 146.1% 95.69%
2015 -7.3% -40.7% 14.6% 70.38%

Total Return Ranking - Trailing

Period QDMSIX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.6% -61.5% 53.8% 74.59%
1 Yr -9.3% -68.1% 49.8% 59.56%
3 Yr -1.1%* -34.6% 16.3% 57.83%
5 Yr -2.4%* -32.9% 16.0% 83.96%
10 Yr N/A* -34.3% 10.3% N/A

* Annualized

Total Return Ranking - Calendar

Period QDMSIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.3% -50.4% 46.8% 32.89%
2018 -8.9% -27.4% 19.0% 68.26%
2017 12.4% -44.7% 46.3% 28.24%
2016 -3.2% -84.5% 146.1% 96.99%
2015 -7.3% -36.9% 14.6% 86.04%

NAV & Total Return History


Holdings

QDMSIX - Holdings

Concentration Analysis

QDMSIX Category Low Category High QDMSIX % Rank
Net Assets 1.19 B 140 K 141 B 31.25%
Number of Holdings 39 2 13816 65.84%
Net Assets in Top 10 1.09 B -39.4 M 33.7 B 19.44%
Weighting of Top 10 84.84% 5.5% 100.0% 16.59%

Top 10 Holdings

  1. Legg Mason Low Volatility High Div ETF 14.99%
  2. BrandywineGLOBAL Global Opp Bd USDH IS 13.62%
  3. Western Asset Core Bond IS 13.58%
  4. QS US Large Cap Equity IS 11.24%
  5. ClearBridge Appreciation IS 8.72%
  6. BrandywineGLOBAL Div US Large Value IS 5.59%
  7. ClearBridge Large Cap Growth IS 4.81%
  8. ClearBridge Aggressive Growth IS 4.55%
  9. QS International Equity IS 3.92%
  10. QS US Small Capitalization Equity IS 3.82%

Asset Allocation

Weighting Return Low Return High QDMSIX % Rank
Stocks
69.96% -41.01% 78.13% 2.36%
Bonds
27.97% -4.03% 79.29% 81.95%
Cash
1.94% -102.09% 78.43% 72.29%
Convertible Bonds
0.13% -0.84% 52.57% 67.02%
Preferred Stocks
0.00% 0.00% 44.10% 84.10%
Other
0.00% -41.44% 154.72% 80.13%

Stock Sector Breakdown

Weighting Return Low Return High QDMSIX % Rank
Financial Services
14.79% 0.00% 62.98% 68.17%
Technology
13.54% 0.00% 72.78% 60.38%
Healthcare
11.91% 0.00% 63.06% 71.78%
Industrials
11.78% 0.00% 99.44% 25.96%
Communication Services
10.09% 0.00% 41.87% 16.48%
Consumer Cyclical
8.37% 0.00% 45.84% 61.96%
Utilities
7.58% 0.00% 100.00% 14.56%
Consumer Defense
7.22% 0.00% 17.78% 53.16%
Real Estate
5.72% -2.05% 100.00% 29.68%
Energy
5.62% 0.00% 100.00% 36.23%
Basic Materials
3.36% 0.00% 19.70% 39.05%

Stock Geographic Breakdown

Weighting Return Low Return High QDMSIX % Rank
US
59.28% -41.02% 76.29% 10.20%
Non US
10.68% -1.50% 32.14% 19.33%

Bond Sector Breakdown

Weighting Return Low Return High QDMSIX % Rank
Government
35.85% -0.45% 99.67% 23.42%
Derivative
25.38% -3.25% 55.67% 1.83%
Securitized
18.13% 0.00% 54.42% 48.34%
Corporate
12.50% 0.00% 100.00% 85.82%
Cash & Equivalents
8.09% -3.87% 100.00% 63.69%
Municipal
0.03% 0.00% 99.77% 46.72%

Bond Geographic Breakdown

Weighting Return Low Return High QDMSIX % Rank
US
19.02% -5.28% 84.24% 91.08%
Non US
8.95% -12.68% 26.09% 11.06%

Expenses

QDMSIX - Expenses

Operational Fees

QDMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.01% 7.27% 84.52%
Management Fee 0.45% 0.00% 2.00% 37.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

QDMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

QDMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

QDMSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 574.00% 34.49%

Distributions

QDMSIX - Distributions

Dividend Yield Analysis

QDMSIX Category Low Category High QDMSIX % Rank
Dividend Yield 0.00% 0.00% 11.85% 59.61%

Dividend Distribution Analysis

QDMSIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

QDMSIX Category Low Category High QDMSIX % Rank
Net Income Ratio 1.71% -5.24% 6.65% 54.76%

Capital Gain Distribution Analysis

QDMSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

QDMSIX - Fund Manager Analysis

Managers

Prashant Chandran


Start Date

Tenure

Tenure Rank

Nov 30, 2011

8.34

8.3%

Prashant Chandran serves as Portfolio Manager. Mr. Chandran is the Global Head of Derivatives at Western Asset Management Company. Mr. Chandran joined Western Asset in 2005 as a research analyst in the derivatives group. Mr. Chandran left Western Asset from 2006 to 2007 to manage Tahoma Capital, and returned to Western Asset at the beginning of 2007 to become an investment professional. From 1999 to 2005, Mr. Chandran served as a Director in the Capital Markets Division of Microsoft Corporation. Mr. Chandran has an B. Sc. from the Indian Institute of Technology in Bombay, an M. Sc. from the University of Toledo and an M.B.A. from the University of Chicago, Graduate School of Business. Mr. Chandran is a Chartered Financial Analyst as well as a Financial Risk Manager.

S. Leech


Start Date

Tenure

Tenure Rank

Mar 31, 2014

6.01

6.0%

– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976

Thomas Picciochi


Start Date

Tenure

Tenure Rank

May 30, 2014

5.84

5.8%

Tom Picciochi, CAIA Head of Multi-Asset Portfolio Management • Responsible for Multi-Asset portfolio management. • Formerly senior portfolio manager for Deutsche Asset Management’s Quantitative Strategies group, and member of the Global Tactical Asset Allocation Investment Oversight Committee and portfolio manager for Absolute Return Strategies from 1999 to 2010. Prior to joining Deutsche Asset Management, he held various research and analysis positions at State Street Global Advisors, FPL Energy, Barnett Bank, Trade Finance Corporation and Reserve Financial Management over a 13 year period. • Education: BA from University of Miami; MBA from University of Miami.

Jim Huynh


Start Date

Tenure

Tenure Rank

May 01, 2015

4.92

4.9%

Jim K. Huynh is Portfolio Manager/Research Analyst at Western Asset Management Company; Employed by Western Asset Management Company since 2003.

Lisa Wang


Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.59

0.6%

Lisa Wang, CFA Portfolio Manager • Member of the Portfolio Management group. • Formerly an ETF market maker and portfolio trader at Deutsche Bank from 2011 to 2014. Prior to obtaining her MBA, she was a research analyst at Gleacher Fund Advisors, a multi-strategy fund of hedge funds from 2006 to 2008. • Education: BA & BS from SUNY Binghamton and MBA from University of Chicago, Booth School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 39.27 6.82 0.25