LEGG MASON PARTNERS EQUITY TRUST

SUPPLEMENT DATED AUGUST 2, 2021 TO THE

PROSPECTUS AND STATEMENT OF ADDITIONAL

INFORMATION (“SAI”) OF EACH FUND LISTED

IN SCHEDULE A

Effective September 1, 2021, the name of Legg Mason Partners Equity Trust will be changed to Legg Mason Partners Investment Trust, and as of such date all references to “Legg Mason Partners Equity Trust” are removed and replaced with “Legg Mason Partners Investment Trust.”

SCHEDULE A

Fund	Date of Prospectus and SAI
LEGG MASON PARTNERS EQUITY TRUST
BrandywineGLOBAL — Corporate Credit Fund		July 30, 2021
BrandywineGLOBAL — High Yield Fund		July 30, 2021
ClearBridge Aggressive Growth Fund		December 29, 2020
ClearBridge All Cap Value Fund		January 29, 2021
ClearBridge Appreciation Fund		March 1, 2021
ClearBridge Dividend Strategy Fund		May 1, 2021
ClearBridge International Small Cap Fund		January 29, 2021
ClearBridge International Value Fund		March 1, 2021
ClearBridge Large Cap Growth Fund		March 31, 2021
ClearBridge Large Cap Value Fund		March 1, 2021
ClearBridge Mid Cap Fund		March 1, 2021
ClearBridge Mid Cap Growth Fund		March 1, 2021
ClearBridge Select Fund		March 1, 2021
ClearBridge Small Cap Growth Fund		March 1, 2021
ClearBridge Small Cap Value Fund		January 29, 2021
ClearBridge Sustainability Leaders Fund		March 1, 2021
ClearBridge Tactical Dividend Income Fund		March 1, 2021
QS Conservative Growth Fund		May 28, 2021
QS Defensive Growth Fund		May 28, 2021
QS Global Dividend Fund		January 29, 2021
QS Global Equity Fund		March 1, 2021
QS Growth Fund		May 28, 2021
QS Moderate Growth Fund		May 28, 2021
QS S&P 500 Index Fund		January 29, 2021
QS U.S. Large Cap Equity Fund		March 31, 2021

Please retain this supplement for future reference

LMFX651359

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