Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Lazard Global Realty Equity Portfolio Open Shares (LITOX)

15.95
Net Asset Value
+1.01%
1 Day
+12.56%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
5.55%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks primarily long-term capital appreciation, with current income, including interest and dividends from portfolio securities, as a secondary objective. Under normal circumstances, the Portfolio invests at least 80% of its assets in equity securities (including common, convertible and preferred stocks) of Realty Companies, as well as certain synthetic instruments relating to Realty Companies. It also may invest up to 20% of its assets in equity and fixed income securities and instruments of companies or entities, including, but not limited to, other investment companies. The fund is non-diversified.

Performance

1 month+5.07% 3 years+7.82%
3 months+7.05% 5 years+6.92%
1 year+9.58% Since inception+15.28%
Data through --

Peer Comparisonvs. Global real estate

 LITOXCategory
Performance 5-yr return+6.92%+6.32%
Expense ratio5.55%1.37%
Risk 5 year sharpe ratio0.440.48
Net assets$5.7M$648.8M
Average market cap$9.2B$9.9B
Average P/E18.714.0
Portfolio turnover56%56%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock50.89%
International stock49.02%
Cash0.10%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 92.48%
Industrial materials 7.52%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
SPG Simon Property Group Inc6.38%
PSA Public Storage3.86%
-- 3.70%
-- 3.52%
-- 3.52%
AVB AvalonBay Communities3.35%
-- 3.06%
AMH American Homes 4 Rent2.78%
ESS Essex Property Trust Inc2.77%
-- 2.70%

Partner Offers