Lazard US Realty Income Portfolio Open Shares (LRIOX)

Net Asset Value
1 Day
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks primarily current income, with long-term capital appreciation as a secondary objective. The fund 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. It may invest in issuers of any market capitalization and securities of any maturity. The fund also may invest up to 25% of its net assets in companies organized as master limited partnerships and their affiliates. It is non-diversified.


1 month+0.67% 3 years+15.78%
3 months-1.53% 5 years+16.52%
1 year+14.24% Since inception+12.40%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+16.52%+15.05%
Expense ratio1.24%1.32%
Risk 5 year sharpe ratio1.330.93
Net assets$142.0M$1.2B
Average market cap$2.8B$10.8B
Average P/E23.935.2
Portfolio turnover104%104%

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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


U.S. stock78.41%
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
ARCP American Realty Capital Properties Inc Class A5.01%
SUI Sun Communities Inc4.67%
HCP HCP Inc4.58%
-- Washington Prime Group Inc4.44%
DLR Digital Realty Trust Inc4.37%
GGPPRA General Growth Pptys Inc New Pfd4.22%
CLNY Colony Financial Inc3.95%
CCG Campus Crest Communities Inc3.89%
BMR BioMed Realty Trust Inc3.84%
STWD Starwood Property Trust, Inc.3.75%

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