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Published on 11/18/2011 in the Prospect News Fund Daily.

Legg Mason's Value Trust changes portfolio management; Peters remains

By Toni Weeks

San Diego, Nov. 18 - Legg Mason Capital Management Value Trust, Inc. has modified its portfolio management team, according to a 497 filing with the Securities and Exchange Commission.

Effective April 30, 2012, Bill Miller will no longer be a portfolio manager for the trust. Sam Peters will remain a portfolio manager and has managed the fund since Nov. 2010. Mary Chris Gay remains as assistant portfolio manager.

The fund's investment manager is Baltimore-based Legg Mason Capital Management, LLC.


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