Lazard US Realty Income Portfolio Open Shares (LRIOX)

8.57
Net Asset Value
-0.70%
1 Day
+15.34%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
1.24%
Expense Ratio
Low
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 US Realty Companies, as well as certain synthetic instruments related to US 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.

Performance

1 month+2.27% 3 years+12.00%
3 months+6.60% 5 years+21.94%
1 year+9.29% Since inception+13.48%
Data through --

Peer Comparisonvs. Real estate

 LRIOXCategory
Performance 5-yr return+21.94%+22.56%
Expense ratio1.24%1.32%
Risk 5 year sharpe ratio1.691.25
Net assets$143.0M$1.2B
Average market cap$2.9B$12.3B
Average P/E26.535.0
Portfolio turnover104%104%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock72.81%
Other23.20%
Cash3.99%
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
DLR Digital Realty Trust Inc4.74%
ARCP American Realty Capital Properties Inc Class A4.72%
GGPPRA General Growth Pptys Inc New Pfd4.68%
BMR BioMed Realty Trust Inc4.42%
CCG Campus Crest Communities Inc4.38%
CLNY Colony Financial Inc3.99%
CLI Mack-Cali Realty Corp3.92%
HCP HCP Inc3.83%
EPR EPR Properties3.80%
SUI Sun Communities Inc3.73%

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