Lazard Global Realty Equity Portfolio Open Shares (LITOX)

Net Asset Value
1 Day
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
Expense Ratio
Below 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.


1 month+1.49% 3 years+2.12%
3 months-2.18% 5 years+4.40%
1 year+6.61% Since inception+12.66%
Data through --

Peer Comparisonvs. Global real estate

Performance 5-yr return+4.40%+6.13%
Expense ratio5.96%1.32%
Risk 5 year sharpe ratio0.360.40
Net assets$4.9M$692.3M
Average market cap$10.9B$5.3B
Average P/E15.712.5
Portfolio turnover82%82%

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 / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


International stock49.56%
U.S. stock45.06%
Fixed income1.57%
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
-- 3.52%
EQIX Equinix Inc3.47%
-- 3.18%
PSA Public Storage3.08%
-- 2.96%
-- 2.86%
PLD Prologis Inc2.85%
BXP Boston Properties2.82%
-- 2.76%
ELS Equity LifeStyle Properties Inc2.59%