Lazard Global Realty Equity Portfolio Open Shares (LITOX)

15.92
Net Asset Value
+0.38%
1 Day
+5.01%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
5.81%
Expense Ratio
Above 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+3.85% 3 years+14.30%
3 months+6.17% 5 years+9.30%
1 year+18.00% Since inception+17.94%
Data through --

Peer Comparisonvs. Global real estate

 LITOXCategory
Performance 5-yr return+9.30%+9.92%
Expense ratio5.81%1.42%
Risk 5 year sharpe ratio0.470.67
Net assets$6.8M$689.0M
Average market cap$7.7B$8.9B
Average P/E17.215.9
Portfolio turnover81%81%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock49.67%
International stock48.38%
Fixed income1.70%
Cash0.25%
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 Inc5.49%
PSA Public Storage3.16%
HOT Starwood Hotels & Resorts Worldwide Inc3.14%
AMH American Homes 4 Rent Class A3.03%
-- Link Real Estate Investment Trust2.95%
WPG Washington Prime Group Inc2.89%
ARCP American Realty Capital Properties Inc Class A2.78%
ESS Essex Property Trust Inc2.60%
-- Wharf holdings2.53%
-- Mitsui Fudosan Co Ltd2.38%

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