The Fund Grade · free · no account needed
What grade does SOPAX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
ClearBridge Dividend Strategy Fund Class A
#440 of 500 graded active funds · value · large segment peer group
The point · specialist footprint
SOPAX sits mid pack for specialist backing among graded funds.
Bottom 20%
Bottom 40%
● Middle
Top 40%
Top 20%
The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.
10,000+ funds tracked · the graded specialists among them drive every read
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
SOPAX vs the Honor Roll · share card ↗Conviction exposure
22.3%
of the book in specialist-converged names
Late-stage weight
30%
of the book in Crowded or Fading names
Active share
89.2%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
SOPAX ranks 440 out of 500 graded funds, an F grade, with only 22% specialist share and five notable positions including AVGO, APO, TMUS, and SRE where specialists are already leaving. WMB at 4.7% is a genuine early call worth watching, but the late-stage weight of 30% is a real drag on the overall picture.
→ Monitor AVGO, APO, TMUS, and SRE closely, as specialist investors are actively fading all four positions.
→ Compare SOPAX against the three higher-graded funds in this segment before adding new money to this holding.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.