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Lazard US Mid Cap Equity Portfolio Institutional Shares (LZMIX)

16.94
Net Asset Value
-4.72%
1 Day
-7.13%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.53%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The Portfolio invests primarily in a focused portfolio of equity securities, principally common stocks, of mid cap U.S. companies that the Investment Manager believes have strong and/or improving financial productivity and are undervalued based on their earnings, cash flow or asset values. It invests at least 80% of its assets in equity securities of medium-size (mid cap) U.S. companies. The Portfolio may invest up to 20% of its assets in equity securities of larger or smaller U.S. or non-U.S. companies.

Performance

1 month-1.45% 3 years+6.95%
3 months-2.14% 5 years+6.30%
1 year-15.70% Since inception+7.45%
Data through --

Peer Comparisonvs. Mid-cap blend

 LZMIXCategory
Performance 5-yr return+6.30%+7.75%
Expense ratio1.53%1.17%
Risk 5 year sharpe ratio0.440.61
Net assets$22.2M$1.7B
Average market cap$9.2B$6.7B
Average P/E17.918.3
Portfolio turnover124%124%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureChristopher Blake / 14 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00

Holdings

U.S. stock87.13%
Cash10.56%
International stock2.30%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 17.97%
Financial service 17.57%
Consumer goods 14.03%
Energy 12.88%
Consumer service 9.16%
Top 10 Holdings
Portfolio weighting
AAP Advance Auto Parts Inc8.11%
TAP Molson Coors Brewing Co6.34%
HIG Hartford Financial Services Group Inc5.28%
PXD Pioneer Natural Resources Co4.67%
Q Quintiles Transnational Holdings Inc4.45%
BABY Natus Medical Inc4.44%
AMAT Applied Materials Inc4.37%
AMCX AMC Networks Inc4.36%
AON Aon PLC4.07%
SWKS Skyworks Solutions Inc3.76%

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