ClearBridge Investments Mid Cap Strategy’s Q4 2025 Investor Letter

ClearBridge Investments, an investment management company, released its “ClearBridge Mid Cap Strategy” Q4 2025 investor letter. During the quarter, the ClearBridge Mid Cap Strategy reported underperformance versus the Russell Midcap Index, which returned 0.16% during the period, as narrow market leadership and sentiment-driven trading weighed on results. Weakness in information technology and real estate holdings pressured returns, while gains in select consumer discretionary stocks provided partial support. The firm noted that elevated dispersion and uneven earnings reactions continued to shape mid-cap equity performance during the quarter. Looking ahead, the portfolio management team expressed cautious optimism, noting that improving clarity around policy, interest rates, and business investment could create a more favorable backdrop for active stock selection, particularly as valuation gaps widen and fundamentals across many mid-cap companies continue to strengthen. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of ClearBridge Investments Mid Cap Strategy’s Q4 2025 investor letter can be downloaded here.