Actively Managed Mutual Funds for Long-Term Investors


Solutions Managed for the Outcomes You Seek

Whether you’re looking to grow your assets, achieve a higher level of income, manage your risk exposure, or make a social impact –  actively managed mutual funds can play a significant role across your portfolio. With Legg Mason's professional management, investors have access to a broad universe of asset classes and markets from around the world, and can tap the potential offered by these opportunities with greater confidence. Our comprehensive lineup of mutual funds offers The Power of Choice – active equity, fixed income, and alternative strategies – all managed by our diverse and experienced independent investment affiliates. 


Benefits of Active Management
Benefits of Active


Environmental Social Governance (ESG)
ESG Investing


Diversified Investing
Diversified Expertise



Tap into Opportunity with Legg Mason’s Actively Managed Mutual Funds

Legg Mason offers investors an extensive, diversified choice of mutual funds across asset classes and markets worldwide. These funds are actively managed by our platform of nine specialized, independent global asset management affiliates.

From concentrated equity strategies to domestic and global fixed income and alternative asset class solutions, use our actively managed funds to customize your portfolio based on the outcomes you seek.


Active management does not ensure gains or protect against market declines.


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2019 Lipper Award Winners

Funds managed by QS Investors and Western Asset have been named winners of the 2019 Lipper Fund Awards from Refinitiv – an affirmation of investment excellence, recognizing mutual funds that have demonstrated consistent, strong risk-adjusted returns against their peers. 

Our Approach to ESG Investing

Our family of investment affiliates provides strategies to help institutional and individual investors build portfolios that can incorporate ESG on many different levels.

IMPORTANT INFORMATION: All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.

Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.

FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call the Legg Mason Sales Desk 1-800-822-5544 or your Legg Mason Sales contact for more information.

Active management does not ensure gains or protect against market declines.