04/17/2026 | Press release | Distributed by Public on 04/17/2026 07:12
90020-P1 04/26
LEGG MASON GLOBAL ASSET MANAGEMENT TRUST
SUPPLEMENT DATED APRIL 17, 2026,
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
DATED MARCH 1, 2026 OF
CLEARBRIDGE SMALL CAP FUND (THE "FUND")
All changes described below are effective June 30, 2026.
I. The following replaces the table in the section titled "Management - Portfolio managers" in the Fund's Summary Prospectus and Prospectus, respectively:
|
Portfolio manager |
Title |
Portfolio manager
of the |
|
Jeffrey Bailin, CFA |
Director and Portfolio Manager of ClearBridge |
June 2026 |
|
Erich Frey, CFA |
Director and Assistant Portfolio Manager of ClearBridge |
June 2026 |
II. The following replaces the table in the section titled "More on fund management - Portfolio managers" in the Fund's Prospectus:
|
Portfolio manager |
Title and recent biography |
Portfolio manager of the |
|
Jeffrey Bailin, CFA |
Mr. Bailin is a Director and Portfolio Manager of ClearBridge with 16 years of industry experience. Mr. Bailin joined ClearBridge in 2015. Prior to ClearBridge, he worked as Vice President and Lead Analyst, Equity Research for Health Care Distribution and Technology at Credit Suisse. |
June 2026 |
|
Erich Frey, CFA |
Mr. Frey is a Director, Assistant Portfolio Manager and Portfolio Analyst of ClearBridge with 21 years of industry experience. Mr. Frey joined ClearBridge in 2005. Prior to ClearBridge, he worked as a Market Intelligence Associate, a Research Analyst and a Security Analyst at Legg Mason Capital Management, which completed its integration into ClearBridge in 2014. |
June 2026 |
III. The following replaces the table with respect to the Fund in the section titled "Portfolio Managers - Other Accounts Managed by the Portfolio Managers" in the Fund's SAI:
|
Portfolio Managers |
Type of Account |
Number of |
Total
Assets ($) |
Number of
Advisory |
Assets
Advisory ($) |
|
Jeffrey Bailin* |
Registered Investment Companies |
4 |
5.90 |
1 |
3.43 |
|
Other Pooled Investment Vehicles |
2 |
0.48 |
None |
None |
|
|
Other Accounts |
1,467 |
0.51 |
None |
None |
|
|
Erich Frey* |
Registered Investment Companies |
None |
None |
None |
None |
|
Other Pooled Investment Vehicles |
None |
None |
None |
None |
|
Portfolio Managers |
Type of Account |
Number of |
Total
Assets ($) |
Number of
Advisory |
Assets
Advisory ($) |
|
Other Accounts |
None |
None |
None |
None |
* The information is as of March 31, 2026.
IV. The following replaces the table with respect to the Fund in the section titled "Portfolio Managers - Portfolio Managers Securities Ownership" in the Fund's SAI:
|
Portfolio Managers |
Dollar Range of Ownership of Securities ($) |
|
Jeffrey Bailin* |
None |
|
Erich Frey* |
100,001-500,000 |
* The information is as of March 31, 2026.
Please retain this supplement for future reference.