Lazard Global Listed Infrastructure Portfolio Open Shares

Frequently Asked Questions About GLFOX

What does GLFOX invest in?

Lazard Global Listed Infrastructure Portfolio Open Shares is a U.S. mutual fund managed by Lazard Asset Management that invests primarily in equity securities of listed infrastructure companies with a minimum market capitalization of $250 million, focusing on businesses the manager believes are undervalued. Under normal circumstances, the fund invests at least 80% of its assets in infrastructure-related equities—including utilities, pipelines, toll roads, airports, railroads, ports, and telecommunications companies—with at least 30–40% allocated to companies outside the manager's home market.

What is the expense ratio of GLFOX?

Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) charges an expense ratio of 1.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GLFOX?

Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) manages $11.76B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is GLFOX actively managed or an index fund?

GLFOX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GLFOX launched?

Lazard Global Listed Infrastructure Portfolio Open Shares (GLFOX) launched in January 2010 and is managed by Lazard.

How has GLFOX performed?

GLFOX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.