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Lazard US Realty Income Portfolio Open Shares (LRIOX)

7.59
Net Asset Value
-1.68%
1 Day
+6.90%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
1.23%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks primarily current income, with long-term capital appreciation as a secondary objective. Under normal circumstances, the Portfolio invests at least 80% of its assets in dividend-paying common and preferred stocks, convertible securities and fixed income securities of U.S. Realty Companies, as well as certain synthetic instruments related to U.S. Realty Companies. Such synthetic instruments are investments that have economic characteristics similar to the Portfolio's direct investments in U.S. Realty Companies and may include warrants, rights, options and shares of ETFs.

Performance

1 month+0.06% 3 years+6.44%
3 months+3.43% 5 years+10.65%
1 year+12.98% Since inception+10.27%
Data through --

Peer Comparisonvs. Real estate

 LRIOXCategory
Performance 5-yr return+10.65%+11.17%
Expense ratio1.23%1.26%
Risk 5 year sharpe ratio0.770.85
Net assets$51.1M$1.5B
Average market cap$2.5B$14.4B
Average P/E22.228.5
Portfolio turnover60%60%

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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$2,500.00

Holdings

U.S. stock75.71%
Other22.00%
Cash2.29%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
CSAL Communications Sales & Leasing Inc5.89%
CLNY Colony Capital Inc5.35%
STWD Starwood Property Trust Inc4.68%
WPG Washington Prime Group Inc4.65%
DOC Physicians Realty Trust4.44%
NSA National Storage Affiliates Trust4.33%
MGP MGM Growth Properties LLC4.23%
BXMT Blackstone Mortgage Trust Inc4.13%
GEO Geo Group Inc3.96%
PEBPRC Pebblebrook Hotel Trust3.50%