Mutual Funds

Download literature for all of our Mutual Funds:

Legg Mason Funds

FUND NAME	FACT CARDS	PRODUCT COMMENTARY	SUMMARY PROSPECTUS	PROSPECTUS	SAI	ANNUAL REPORT	SEMI-ANNUAL REPORT
Barrett Opportunity Fund	N/A	N/A	N/A
Legg Mason Batterymarch Emerging Markets Trust
Legg Mason Batterymarch Global Equity Fund		N/A
Legg Mason Batterymarch International Equity Trust
Legg Mason Batterymarch S&P 500 Index Fund		N/A
Legg Mason Batterymarch U.S. Large Cap Equity Fund		N/A		N/A
Legg Mason Batterymarch U.S. Small Capitalization Equity Portfolio		N/A
Legg Mason BW Global Opportunities Bond Fund
Legg Mason BW International Opportunities Bond Fund		N/A
Legg Mason Capital Management All Cap Fund		N/A
Legg Mason Capital Management American Leading Companies Trust		N/A
Legg Mason Capital Management Growth Trust
Legg Mason Capital Management Opportunity Trust
Legg Mason Capital Management Research Fund	N/A	N/A				N/A	N/A
Legg Mason Capital Management Special Investment Trust
Legg Mason Capital Management Value Trust
Legg Mason ClearBridge Aggressive Growth Fund
Legg Mason ClearBridge Appreciation Fund
Legg Mason ClearBridge Capital Fund		N/A
Legg Mason ClearBridge Diversified Large Cap Growth Fund		N/A
Legg Mason ClearBridge Dividend Strategy Fund
Legg Mason ClearBridge Equity Fund		N/A	Class A Class O	Class A Class O	Class A Class O	Class A Class O	Class A Class O
Legg Mason ClearBridge Equity Income Builder Fund
Legg Mason ClearBridge Fundamental All Cap Value Fund
Legg Mason ClearBridge Large Cap Growth Fund
Legg Mason ClearBridge Large Cap Value Fund
Legg Mason ClearBridge Mid Cap Core Fund
Legg Mason ClearBridge Small Cap Growth Fund
Legg Mason ClearBridge Small Cap Value Fund		N/A
Legg Mason Esemplia Emerging Markets Equity Fund		N/A
Legg Mason Global Currents International All Cap Opportunity Fund		N/A
Legg Mason Investment Counsel Financial Services Fund		N/A
Legg Mason Investment Counsel Maryland Tax-Free Income Trust		N/A	N/A
Legg Mason Investment Counsel Social Awareness Fund		N/A
Legg Mason Lifestyle Allocation 30%			N/A
Legg Mason Lifestyle Allocation 50%			N/A
Legg Mason Lifestyle Allocation 70%			N/A
Legg Mason Lifestyle Allocation 85%			N/A
Legg Mason Lifestyle Allocation 100%			N/A
Legg Mason Lifestyle Income Fund			N/A
Legg Mason Manager Select Large Cap Growth	N/A	N/A
Legg Mason Manager Select Large Cap Value	N/A	N/A
Legg Mason Permal Tactical Allocation Fund			N/A
Legg Mason Strategic Real Return Fund						N/A	N/A
Legg Mason Target Retirement 2015			N/A
Legg Mason Target Retirement 2020			N/A
Legg Mason Target Retirement 2025			N/A
Legg Mason Target Retirement 2030			N/A
Legg Mason Target Retirement 2035			N/A
Legg Mason Target Retirement 2040			N/A
Legg Mason Target Retirement 2045			N/A
Legg Mason Target Retirement 2050			N/A
Legg Mason Target Retirement Fund			N/A
Legg Mason Western Asset Adjustable Rate Income Fund		N/A
Legg Mason Western Asset California Municipals Fund		N/A
Legg Mason Western Asset Core Bond Fund
Legg Mason Western Asset Core Plus Bond Fund
Legg Mason Western Asset Corporate Bond Fund		N/A
Legg Mason Western Asset Global High Yield Bond Fund
Legg Mason Western Asset Global Inflation Management Fund		N/A
Legg Mason Western Asset Government Securities Fund		N/A
Legg Mason Western Asset High Income Fund
Legg Mason Western Asset Intermediate Maturity California Municipals Fund		N/A
Legg Mason Western Asset Intermediate Maturity New York Municipals Fund		N/A
Legg Mason Western Asset Intermediate-Term Municipals Fund
Legg Mason Western Asset Managed Municipals Fund
Legg Mason Western Asset Massachusetts Municipals Fund		N/A
Legg Mason Western Asset Municipal High Income Fund
Legg Mason Western Asset New Jersey Municipals Fund		N/A
Legg Mason Western Asset New York Municipals Fund		N/A
Legg Mason Western Asset Oregon Municipals Fund		N/A
Legg Mason Western Asset Pennsylvania Municipals Fund		N/A
Legg Mason Western Asset Short Duration Municipal Income Fund
Legg Mason Western Asset Short-Term Bond Fund
Legg Mason Western Asset SMASh Series C Fund	N/A	N/A	N/A			N/A	N/A
Legg Mason Western Asset SMASh Series EC Fund	N/A	N/A	N/A			N/A	N/A
Legg Mason Western Asset SMASh Series M Fund	N/A	N/A	N/A			N/A	N/A
Legg Mason Western Asset Strategic Income Fund		N/A

Royce Funds

FUND NAME	FACT CARDS	PRODUCT COMMENTARY	SUMMARY PROSPECTUS	PROSPECTUS	SAI	ANNUAL REPORT	SEMI-ANNUAL REPORT
Royce Asia-Pacific Select Fund		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce 100 Fund	Inv Serv K	N/A	Inv Serv R K	Inv Shares Serv Shares R Shares K Shares	Inv Serv R K	Inv Serv R K	Inv Serv R K
Royce Capital Fund—Micro-Cap Portfolio		N/A	Inv Serv	Inv Shares Serv Shares	Inv Serv	Inv Serv	Inv Shares Serv Shares
Royce Capital Fund—Small-Cap Portfolio			Inv Serv	Inv Shares Serv Shares	Inv Serv	Inv Serv	Inv Shares Serv Shares
Royce Discovery Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Dividend Value Fund	Inv Serv	N/A	Inv Serv	Inv Shares Serv Shares	Inv Serv	Inv Serv	Inv Shares Serv Shares
Royce European Smaller-Companies Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Financial Services Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Focus Value Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Global Select Fund		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce Global Value Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Heritage Fund	Inv Serv Cons K	N/A	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares	Inv Serv Inst Cons R K	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares
Royce International Smaller-Companies Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Low-Priced Stock Fund	Inv Serv R K	N/A	Inv Serv Inst R K	Inv Shares Serv Shares Inst Shares R Shares K Shares	Inv Serv Inst R K	Inv Serv Inst R K	Inv Shares Serv Shares Inst Shares R Shares K Shares
Royce Micro-Cap Fund	Inv Serv Cons	N/A	Inv Serv Cons	Inv Serv Cons	Inv Serv Cons	Inv Serv Cons	Inv Shares Serv Shares Cons Shares
Royce Mid-Cap Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Opportunity Fund	Inv Serv Cons R K	N/A	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares	Inv Serv Inst Cons R K	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares
Royce Partners Fund		N/A	Serv	Serv Shares	Serv	Serv	Serv Shares
Royce Pennsylvania Mutual Fund	Inv Serv Cons R K	N/A	Inv Serv Cons R K	Inv Shares Serv Shares Cons Shares R Shares K Shares	Inv Serv Cons R K	Inv Serv Cons R K	Inv Shares Serv Shares Cons Shares R Shares K Shares
Royce Premier Fund	Inv Serv Cons R K	N/A	Inv Serv Inst Cons R K W	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares W Shares	Inv Serv Inst Cons R K W	Inv Serv Inst Cons R K W	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares W Shares
Royce Select Fund I		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce Select Fund II		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce SMid-Cap Select Fund		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce SMId-Cap Value Fund		N/A	Inv	Inv Shares	Inv	Inv	Inv Shares
Royce Special Equity Fund	Inv Serv Cons	N/A	Inv Serv Inst Cons	Inv Shares Serv Shares Inst Shares Cons Shares	Inv Serv Inst Cons	Inv Serv Inst Cons	Inv Shares Serv Shares Inst Shares Cons Shares
Royce Total Return Fund	Inv Serv Cons R K	N/A	Inv Serv Inst Cons R K W	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares W Shares	Inv Serv Inst Cons R K W	Inv Serv Inst Cons R K W	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares W Shares
Royce Value Fund	Inv Serv Cons R K	N/A	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares	Inv Serv Inst Cons R K	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares
Royce Value Plus Fund	Inv Serv Cons R K	N/A	Inv Serv Inst Cons R K	Inv Shares Serv Sharea Inst Shares Cons Shares R Shares K Shares	Inv Serv Inst Cons R K	Inv Serv Inst Cons R K	Inv Shares Serv Shares Inst Shares Cons Shares R Shares K Shares

Western Asset Funds

FUND NAME	FACT CARDS	PRODUCT COMMENTARY	SUMMARY PROSPECTUS	PROSPECTUS	SAI	ANNUAL REPORT	SEMI-ANNUAL REPORT
Western Asset Absolute Return Portfolio		N/A
Western Asset California Municipal Money Market Fund	N/A	N/A
Western Asset California Tax Free Money Market Fund	N/A	N/A
Western Asset Connecticut Municipal Money Market Fund	N/A	N/A		Class N Class A & I
Western Asset Core Bond Portfolio
Western Asset Core Plus Bond Portfolio
Western Asset Emerging Markets Debt Portfolio		N/A
Western Asset Global High Yield Bond Portfolio
Western Asset Government Money Market Fund	N/A	N/A
Western Asset High Yield Portfolio		N/A
Western Asset Inflation Indexed Plus Bond Portfolio		N/A
Western Asset Institutional Cash Reserves	N/A	N/A	Class O Class L Class S	Class O Class L Class S	Class O Class L Class S	Class O Class L Class S	Class O Class L Class S
Western Asset Institutional Government Reserves	N/A	N/A
Western Asset Institutional Liquid Reserves	N/A	N/A
Western Asset Institutional Money Market Fund	N/A	N/A
Western Asset Institutional AMT Free Municipal Money Market Fund	N/A	N/A
Western Asset Institutional Tax Free Reserves	N/A	N/A
Western Asset Institutional U.S. Treasury Reserves	N/A	N/A
Western Asset Intermediate Bond Portfolio		N/A
Western Asset Intermediate Plus Bond Portfolio		N/A
Western Asset Liquid Reserves	N/A	N/A
Western Asset Limited Duration Bond Portfolio		N/A
Western Asset Massachusetts Municipal Money Market Fund	N/A	N/A
Western Asset Money Market Fund	N/A	N/A
Western Asset Municipal Money Market Fund	N/A	N/A
Western Asset New York Municipal Money Market Fund	N/A	N/A
Western Asset New York Tax Free Money Market Fund	N/A	N/A
Western Asset Non-U.S. Opportunity Bond Portfolio		N/A
Western Asset Premium Liquid Reserves	N/A	N/A
Western Asset Premium Tax Free Reserves	N/A	N/A
Western Asset Premium U.S. Treasury Reserves	N/A	N/A
Western Asset Tax Free Reserves	N/A	N/A
Western Asset U.S. Treasury Reserves	N/A	N/A

Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a free prospectus, please view the product specific page on this website and click on the prospectus link. An investor should read the prospectus carefully before investing.

Please note that an investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

All investments involve risk, including possible loss of principal.

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

All investment managers mentioned are subsidiaries of Legg Mason, Inc. Legg Mason Investor Services, LLC, is a subsidiary of Legg Mason, Inc.

Copyright © 2010 Legg Mason Investor Services, LLC. Member FINRA, SIPC