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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+2.24% 3 years+6.22%
3 months+1.78% 5 years+5.86%
1 year+16.12% Since inception+13.59%
Data through --

Peer Comparisonvs. Global real estate

Performance 5-yr return+5.86%+6.66%
Expense ratio5.96%1.34%
Risk 5 year sharpe ratio0.570.58
Net assets$5.1M$714.9M
Average market cap$10.4B$5.4B
Average P/E14.912.9
Portfolio turnover38%38%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


International stock48.10%
U.S. stock46.26%
Fixed income3.28%
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
-- 3.57%
PSA Public Storage3.42%
-- 3.36%
EQIX Equinix Inc3.26%
PLD Prologis Inc3.03%
-- 2.91%
BXP Boston Properties2.87%
AMH American Homes 4 Rent2.76%
-- 2.75%
-- 2.72%