ClearBridge Mid Cap Growth Portfolios Q4 2025 Commentary

Franklin Templeton4.62K FollowersFollow5ShareSavePlay(10min)CommentsSummaryThe Portfolios underperformed their benchmark (gross and net of fees) for the quarter as results were shaped by a highly selective growth environment and sharp market reactions to individual earnings outcomes, despite solid execution across many holdings.Industrials was a meaningful detractor during the quarter, reflecting stock selection challenges rather than a broad-based sector trend.Some software and digital platform companies experienced sharp pullbacks following earnings, even where results were solid. laddawan punna/iStock via Getty Images Key Takeaways Markets: Mid cap growth equities declined during the fourth quarter, with the Russell Midcap Growth Index falling 3.7% and underperforming both small and large cap peers. Investor focus remained highly concentrated around a narrow set This article was written byFranklin Templeton4.62K FollowersFollowFranklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,300 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.4 trillion in assets under management as of June 30, 2023. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.