Lazard Global Realty Equity Portfolio Open Shares (LITOX)

14.79
Net Asset Value
+0.61%
1 Day
-4.58%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
5.52%
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.

Performance

1 month-0.40% 3 years+2.26%
3 months+1.37% 5 years+2.36%
1 year+2.12% Since inception+12.75%
Data through --

Peer Comparisonvs. Global real estate

 LITOXCategory
Performance 5-yr return+2.36%+4.54%
Expense ratio5.52%1.32%
Risk 5 year sharpe ratio0.260.32
Net assets$5.0M$733.4M
Average market cap$9.1B$4.9B
Average P/E13.812.1
Portfolio turnover82%82%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock56.53%
U.S. stock40.76%
Cash1.69%
Fixed income1.02%
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
EQIX Equinix Inc4.11%
-- 3.11%
PLD Prologis Inc2.88%
-- 2.64%
ESS Essex Property Trust Inc2.59%
-- 2.54%
BXP Boston Properties2.52%
AMT American Tower2.52%
ARE Alexandria Real Estate Equities Inc2.50%
ELS Equity LifeStyle Properties Inc2.38%