Lazard US Mid Cap Equity Portfolio Institutional Shares (LZMIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Below 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. It is non-diversified.


1 month+1.06% 3 years+17.16%
3 months+8.24% 5 years+13.33%
1 year+16.15% Since inception+8.60%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+13.33%+14.91%
Expense ratio1.19%1.23%
Risk 5 year sharpe ratio0.981.02
Net assets$41.3M$1.7B
Average market cap$7.6B$7.2B
Average P/E19.219.2
Portfolio turnover133%133%

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Fund Management and Purchase Info

Fund familyLazard
Fund manager & tenureAndrew Lacey / 13 Years
Minimal initial investment$100,000.00
Minimum IRA investment$100,000.00


U.S. stock82.98%
International stock10.99%
Fixed income0.00%
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 Inc6.96%
ZTS Zoetis Inc6.70%
TAP Molson Coors Brewing Co5.11%
CFN CareFusion Corp5.04%
KSS Kohl's Corp5.00%
M Macy's Inc4.74%
MGLN Magellan Health Inc4.61%
SYY Sysco Corp4.37%
ICE Intercontinental Exchange Inc4.37%
JOY Joy Global Inc4.26%

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