NEW YORK, March 27, 2014 /PRNewswire/ -- The ClearBridge International Value Fund has received a Lipper Fund Award for the Best Fund over the 3 year period ending December 31, 2013 in the International Multi-Cap Value Funds category(1). The Lipper Awards recognize funds that have demonstrated consistent, strong risk-adjusted returns against their peers.

"We are pleased to have been recognized by Lipper. Our team employs a robust set of quantitative tools in combination with a differentiated fundamental analysis process to identify what we feel are undervalued companies with significant long term growth potential. We believe this can help produce strong, consistent and high active share-driven performance and positions us well in the current 'stock pickers' environment," said Paul Ehrlichman, Managing Director and Head of Global Value Equity for ClearBridge Investments.

The ClearBridge International Value Fund seeks to target both developed and emerging market companies. The Fund is one of several managed by the ClearBridge Investments Global Value Equity team.

About the Lipper Awards
The Lipper Fund Awards recognize funds in 23 countries in Asia, Europe, the Middle East and North Africa and the Americas. Lipper designates award-winning funds in most individual classifications for 3-, 5-, and 10-year periods. Past performance is no guarantee of future results.

(1)The Fund's IS shares have delivered Lipper top Quartile performance for the 3-year period. The rankings are based on Lipper's International Multi-Cap Value Funds category as of 12/31/13. Rankings in the Lipper categories are based on average annual total returns assuming reinvestment of dividends and capital gains, as of 12/31/13. The Fund's IS shares Lipper primary rankings are as follows (rank/# of funds in category): 1-year: 1/120; 3-year: 1/99; 5-year: 1/81; 10-year: n/a. Each fund is ranked within a universe of funds similar in portfolio characteristics and capitalizations, as defined by Lipper, Inc. A high Lipper ranking does not necessarily imply that the Fund achieved positive results for the period.

Lipper Inc. is a major independent mutual fund tracking organization.

About ClearBridge Investments
ClearBridge Investments is a well-established global investment manager with approximately $90.0 billion in assets under management. With a legacy dating back over 45 years, our long-tenured portfolio managers and fundamental research team focus on building equity portfolios for clients who seek income solutions, high active share or low volatility. Owned by Legg Mason, ClearBridge operates with investment independence from headquarters in New York and offices in San Francisco and Wilmington.www.clearbridge.com

About Legg Mason
Legg Mason is a global asset management firm with $695 billion in assets under management as of February 28, 2014. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).

What should I know before investing?
Equity securities are subject to price fluctuation and possible loss of principal. Fixed-income securities involve interest rate, credit, inflation and reinvestment risks; and possible loss of principal. As interest rates rise, the value of fixed income securities falls.

International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. High-yield bonds possess greater price volatility, illiquidity and possibility of default.

Active share is a measure of the percentage of stock holdings in a manager's portfolio that differs from the benchmark index.

For more information on the fund please click on the following link.

LeggmasonFunds.com

INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

BEFORE INVESTING, CAREFULLY CONSIDER A FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. YOU CAN FIND THIS AND OTHER INFORMATION IN EACH PROSPECTUS, OR SUMMARY PROSPECTUS, IF AVAILABLE, WHICH IS AVAILABLE AT WWW.LEGGMASON.COM/INDIVIDUALINVESTORS. PLEASE READ IT CAREFULLY.

(©)2014 Legg Mason Investor Services, LLC. Member FINRA, SIPC. Legg Mason Investor Services, LLC and ClearBridge Investments, LLC are subsidiaries of Legg Mason, Inc.

SOURCE Legg Mason