- 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) is one share class of a fund that manages $11.54B across all of its share classes (GLIFX reports the same total). Our data does not carry the assets of this share class alone. 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GLFOX's is 1.21%) in exchange for the discretion to over- or under-weight positions.
- 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.
