Lazard US Mid Cap Equity Portfolio Institutional Shares (LZMIX)

19.85
Net Asset Value
-0.45%
1 Day
+5.19%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.19%
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.

Performance

1 month+4.97% 3 years+15.73%
3 months+5.36% 5 years+13.62%
1 year+18.29% Since inception+8.82%
Data through --

Peer Comparisonvs. Mid-cap blend

 LZMIXCategory
Performance 5-yr return+13.62%+14.77%
Expense ratio1.19%1.22%
Risk 5 year sharpe ratio0.960.98
Net assets$37.8M$1.7B
Average market cap$7.5B$7.0B
Average P/E19.919.5
Portfolio turnover133%133%

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Fund Management and Purchase Info

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

Holdings

U.S. stock84.18%
International stock11.68%
Cash4.14%
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 Inc7.88%
NXPI NXP Semiconductors NV5.84%
MDCA MDC Partners Inc5.84%
DKS Dick's Sporting Goods Inc5.70%
TAP Molson Coors Brewing Co4.75%
KSS Kohl's Corp4.64%
ICE Intercontinental Exchange Inc4.55%
VOYA Voya Financial Inc4.32%
SERV Servicemaster Global Holdings Inc4.29%
OWW Orbitz Worldwide Inc4.26%

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