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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. 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.


1 month+3.58% 3 years+3.43%
3 months+3.08% 5 years+6.85%
1 year+9.24% Since inception+9.36%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+6.85%+8.82%
Expense ratio1.23%1.23%
Risk 5 year sharpe ratio0.600.72
Net assets$35.8M$1.4B
Average market cap$5.7B$13.5B
Average P/E28.127.5
Portfolio turnover75%75%

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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


U.S. stock63.00%
Fixed income0.02%
International stock0.00%
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
DOC Physicians Realty Trust5.10%
VER Vereit Inc4.45%
SPG Simon Property Group Inc4.44%
NSA National Storage Affiliates Trust4.22%
EXR Extra Space Storage Inc4.18%
SUI Sun Communities Inc3.68%
CLNS Colony NorthStar Inc3.67%
GGP GGP Inc3.62%
STWD Starwood Property Trust Inc3.54%
AREPRD Alexandria Real Estate Equities Inc3.50%