New York, N.Y. — The ClearBridge International Value Fund experienced notable shifts in investment strategy during the second quarter of 2025, shaping its direction amid fluctuating global markets. Fund managers observed a landscape marked by evolving economic conditions, prompting a reevaluation of key holdings and sector priorities.

With rising interest rates and a cautious economic climate influencing investor sentiment, the fund has strategically adjusted its portfolio to enhance resilience. This pivot is characterized by an increased allocation toward sectors that demonstrate stability and growth potential, particularly in utilities and consumer staples. These adjustments aim to capitalize on opportunities that emerge during uncertain times, aligning with the fund’s long-term value-oriented approach.

In the quarter, performance varied across regions, with notable gains in European markets, while Asian equities faced headwinds from geopolitical tensions. The fund’s diversified investments allowed it to mitigate risks and seize advantageous positions, particularly in undervalued companies with strong fundamentals.

One of the portfolio’s standout contributors has been a telecommunications firm that has demonstrated robust earnings growth, supported by increased demand for digital connectivity. Fund managers expressed optimism about such investments, which are expected to enhance long-term shareholder value.

Additionally, the fund has focused on sustainability as a key criterion for selecting investments. With environmental, social, and governance (ESG) factors becoming increasingly important, the ClearBridge team is committed to integrating these principles into their investment framework. This strategic emphasis not only aligns with growing market demands but also aims to foster a positive societal impact.

As global economies navigate through turbulent waters, the fund’s management remains vigilant, continuously assessing market trends and economic indicators. The ongoing commitment to rigorous research and analysis ensures that investment decisions stay aligned with the overarching goal of delivering strong, risk-adjusted returns.

Looking ahead, the ClearBridge International Value Fund plans to remain adaptable, responding to emerging opportunities while maintaining its focus on long-term value. With a proactive strategy and a deep understanding of market dynamics, the fund sets its sights on evolving landscapes that promise growth and resilience.