Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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.


1 month+0.68% 3 years+5.63%
3 months+0.41% 5 years+7.49%
1 year-7.18% Since inception+10.34%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+7.49%+11.19%
Expense ratio1.24%1.29%
Risk 5 year sharpe ratio0.710.80
Net assets$93.7M$1.2B
Average market cap$2.8B$12.7B
Average P/E14.833.5
Portfolio turnover53%53%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


U.S. stock76.46%
Fixed income0.01%
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
STWD Starwood Property Trust Inc5.71%
VER Vereit Inc5.35%
BXMT Blackstone Mortgage Trust Inc5.32%
MPW Medical Properties Trust Inc4.96%
CLNY Colony Capital Inc4.75%
NRF Northstar Realty Finance Corp4.69%
WPG WP Glimcher Inc4.57%
LHO LaSalle Hotel Properties4.12%
STAG STAG Industrial Inc4.07%
PEBPRC Pebblebrook Hotel Trust3.44%