Legg Mason Global Asset Management Trust
08/13/2025 | Press release | Distributed by Public on 08/13/2025 07:11
Summary Prospectus by Investment Company (Form 497K)
90190-P1
LEGG MASON GLOBAL ASSET MANAGEMENT TRUST
SUPPLEMENT DATED AUGUST 13, 2025
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI")
EACH DATED MAY 1, 2025 OF
FRANKLIN U.S. SMALL CAP EQUITY FUND (the "Fund")
Effective September 30, 2025, the following changes are made to the Fund's Summary Prospectus, Prospectus and SAI:
| a) |
In the section entitled "Management-Portfolio managers" in the Fund's Summary Prospectus and Prospectus, the following portfolio manager is added: |
| Portfolio manager | Title |
Portfolio manager of the fund since |
||
| Brett Risser | Portfolio Manager | September 2025 |
| b) |
In the section entitled "More on fund management-Portfolio managers" in the Fund's Prospectus, the following portfolio manager is added: |
| Portfolio manager | Title and recent biography |
Portfolio manager of the fund since |
||
| Brett Risser | Vice President, Portfolio Manager for Franklin Templeton Investment Solutions ("FTIS"). Prior to joining Franklin Templeton in 2023, Mr. Risser served as a portfolio manager in the Global Asset Allocation group at Putnam Investment Management, LLC ("Putnam Management"). He joined Putnam Management in 2003. He holds a Bachelor of Science in Computer Information Systems from Suffolk University. | September 2025 |
| c) |
In the section entitled "Investment Management and Service Provider Information-Portfolio Managers-Other Accounts Managed by the Portfolio Managers" in the Fund's SAI, the following portfolio manager is added: |
|
Portfolio |
Type of Account |
Number of Accounts Managed |
Total Assets Managed (Billions) ($) |
Number of Accounts Managed for which Advisory Fee is Performance- Based |
Assets Managed for which Advisory Fee is Performance- Based (Billions) ($) |
||||||||||||||||||||
|
Brett Risser# |
|
Registered Investment Companies |
|
None | None | None | None | ||||||||||||||||||
|
|
Other Pooled Investment Vehicles |
|
None | None | None | None | |||||||||||||||||||
|
|
Other Accounts |
|
None | None | None | None | |||||||||||||||||||
| # |
The information is as of June 30, 2025 and does not reflect additional accounts (including the Fund) for which Mr. Risser will join the portfolio management team on September 30, 2025. |
| d) |
In the section entitled "Investment Management and Service Provider Information-Portfolio Managers-Portfolio Managers Securities Ownership" in the Fund's SAI, the following portfolio manager is added: |
|
Portfolio Manager |
Dollar Range of Ownership of Securities ($) |
|
|
Brett Risser* |
None |
| # | The information is as of June 30, 2025. |
Please retain this supplement for future reference.
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Legg Mason Global Asset Management Trust published this content on August 13, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on August 13, 2025 at 13:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]