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+5.04% 3 years+0.19%
3 months+5.43% 5 years+3.03%
1 year-1.87% Since inception+7.82%
Data through --

Peer Comparisonvs. Real estate

Performance 5-yr return+3.03%+5.55%
Expense ratio1.56%1.19%
Risk 5 year sharpe ratio0.130.53
Net assets$22.4M$1.3B
Average market cap$9.6B$12.9B
Average P/E27.933.4
Portfolio turnover73%73%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureJay Leupp / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock65.43%
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
GGP GGP Inc5.81%
EQIX Equinix Inc4.15%
COLD Americold Realty Trust4.08%
WY Weyerhaeuser Co4.03%
NSA National Storage Affiliates Trust3.98%
SPG Simon Property Group Inc3.95%
PSA Public Storage3.92%
CBLPRD CBL & Associates Properties Inc3.65%
SUI Sun Communities Inc3.42%
ESS Essex Property Trust Inc3.39%