Morningstar

ClearBridge Small Cap Growth Fund Class I SBPYX

Medalist Rating as of Oct 28, 2026 See Franklin Templeton Investment Hub

Will SBPYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SBPYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the SBPYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of SBPYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This soon-to-be-reopened fund has performed better lately after several subpar years.

Associate Analyst Jack Shannon

Jack Shannon

Associate Analyst

Summary

Continued execution challenges temper confidence in ClearBridge Small Cap Growth, prompting a downgrade of the Process Pillar rating to Average from Above Average. While the strategy’s investment philosophy remains sensible, the managers’ patience with struggling holdings has hurt more than helped in recent years.

by Jack Shannon

Rated on Apr 25, 2026 Published on Oct 28, 2026

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