Expense Ratio History

MACEX expense ratio history

ClearBridge Emerging Markets Fund, Class A

Fund company
Legg Mason Global Asset
Type
Mutual fund

1.44%

In basis points
144 basis points
Yearly cost per $10,000
$144
Prospectus dated
1 February 2026, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.36% on 1 February 2026

Fee over time

MACEX expense ratio: 7.09% until 1 Feb 2017, then 3.20%; 3.20% until 1 Feb 2019, then 1.52%; 1.52% until 1 Feb 2020, then 1.30%; 1.30% until 29 Jan 2021, then 1.36%; 1.36% until 28 Jan 2022, then 1.22%; 1.22% until 30 Jan 2023, then 1.23%; 1.23% until 31 Jan 2024, then 1.25%; 1.25% until 1 Feb 2025, then 1.36%; 1.36% until 1 Feb 2026, then 1.44%; read at 1.44% on 1 Feb 2026.0.00%2.50%5.00%7.50%10.00%May 2015Mar 2017Jan 2019Nov 2020Sep 2022Jul 20247.09% before1.44% from 1 Feb 2026
MACEX expense ratio: 7.09% until 1 Feb 2017, then 3.20%; 3.20% until 1 Feb 2019, then 1.52%; 1.52% until 1 Feb 2020, then 1.30%; 1.30% until 29 Jan 2021, then 1.36%; 1.36% until 28 Jan 2022, then 1.22%; 1.22% until 30 Jan 2023, then 1.23%; 1.23% until 31 Jan 2024, then 1.25%; 1.25% until 1 Feb 2025, then 1.36%; 1.36% until 1 Feb 2026, then 1.44%; read at 1.44% on 1 Feb 2026.0.00%2.50%5.00%7.50%10.00%May 2015Jan 2019Sep 20227.09% before1.44% from 1 Feb 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 7 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
MACEX (this page) Class A 1.44% 1.31% 1 Feb 2026
— — 1.56% 1.50% 29 Jan 2021
MCECX Class C 1.98% — 1 Feb 2026
MEFIX Class FI 1.29% — 1 Feb 2026
— Class R 1.63% 1.56% 1 Feb 2026
MCEIX Class I 1.03% 0.96% 1 Feb 2026
MCEMX Class IS 0.93% 0.86% 1 Feb 2026

Every figure we've recorded

DateFeeWhat happened
1 Feb 2026 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2026 1.44% Raised from 1.36% to 1.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-01-27
1 Feb 2025 1.36% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2025 1.36% Raised from 1.25% to 1.36%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-01-27
31 Jan 2024 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2024 1.25% Raised from 1.23% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-01-26
30 Jan 2023 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2023 1.23% Raised from 1.22% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-24
28 Jan 2022 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2022 1.22% Cut from 1.36% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-01-24
29 Jan 2021 1.36% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jan 2021 1.36% Raised from 1.30% to 1.36%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-25
1 Feb 2020 1.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2020 1.30% Cut from 1.52% to 1.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-10
1 Feb 2019 1.52% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2019 1.52% Cut from 3.20% to 1.52%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-15
1 Feb 2018 3.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2017 3.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2017 3.20% Cut from 7.09% to 3.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-12-12
29 May 2015 7.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-05-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.44% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,733 in fees over 10 years

After fees, $10,000 grows to $14,139.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$148
3 years$459
5 years$792
10 years$1,733

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 11 prospectuses for this share class since 2015. Each one is listed above with a link to the filing.

How we read fees

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