Lazard Global Listed Infrastructure Portfolio Institutional Shares

Frequently Asked Questions About GLIFX

What does GLIFX invest in?

This portfolio primarily allocates capital to equity instruments, particularly common shares, of companies operating within the infrastructure sector. The fund commits a substantial portion, at least 80% of its assets, to these infrastructure-related equity investments. Such companies span a broad range of industries, including utility providers, pipeline operators, toll road companies, airports, railway systems, shipping ports, and telecommunications firms, among other infrastructure enterprises. A key criterion is that their securities must be listed on a national or other recognized stock exchange.

What is the expense ratio of GLIFX?

Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GLIFX?

Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) manages $11.72B 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 GLIFX actively managed or an index fund?

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

When was GLIFX launched?

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

How has GLIFX performed?

GLIFX'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.