Lazard US Realty Income Portfolio Open Shares (LRIOX)

8.08
Net Asset Value
-0.12%
1 Day
+8.75%
Year-to-Date
Overall Morningstar Rating
Real estate
Style or Category
No Load
Sales Expenses
1.47%
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.

Performance

1 month+1.83% 3 years+10.25%
3 months+7.45% 5 years+25.28%
1 year-0.50% Since inception+12.91%
Data through --

Peer Comparisonvs. Real estate

 LRIOXCategory
Performance 5-yr return+25.28%+27.17%
Expense ratio1.47%1.34%
Risk 5 year sharpe ratio1.681.22
Net assets$127.2M$1.1B
Average market cap$2.9B$11.2B
Average P/E24.235.1
Portfolio turnover104%104%

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 / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock64.81%
Other30.77%
Cash4.42%
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, Inc.5.32%
BMR BioMed Realty Trust Inc5.17%
GGPPRA General Growth Pptys Inc New Pfd5.09%
CCG Campus Crest Communities, Inc.4.96%
HCP HCP Inc4.81%
CLI Mack-Cali Realty Corp4.28%
EPR EPR Properties3.51%
CLNY Colony Financial Inc3.47%
PEBPRC Pebblebrook Hotel Tr Pfd3.37%
FPO First Potomac Realty Trust3.17%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.