- 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) is one share class of a fund that manages $11.59B across all of its share classes (GLFOX 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 GLIFX actively managed or an index fund?
- GLIFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GLIFX's is 0.96%) in exchange for the discretion to over- or under-weight positions.
- 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.
