# Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/glifx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Lazard · Asset class: Equity - Strategy: Actively Managed · Inception: 2010-01-05 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 stoc... ## Key Facts | Metric | Value | |---|---| | Price | $19.14 | | Expense Ratio | 0.96% | | AUM (All Share Classes) | $11.59B | | NAV | $19.14 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 3.49% | | Annual Distribution (TTM) | $0.67 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $17.51 – $20.70 | | Beta | 0.50 | ## Latest Distribution - Amount: $0.0738 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-21 ## Frequently Asked Questions ### 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. ### Does GLIFX pay a dividend? Lazard Global Listed Infrastructure Portfolio Institutional Shares (GLIFX) currently distributes little or no income. Trailing-twelve-month yield is 3.49%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GLIFX pay dividends? Lazard Global Listed Infrastructure Portfolio Institutional Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GLIFX's dividend yield? GLIFX's trailing-twelve-month yield is 3.49%, calculated from the sum of dividends over the past year divided by the current price. ### When is GLIFX's next ex-dividend date? The most recently announced ex-dividend date for GLIFX was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will GLIFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.96% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GLIFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GLIFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GLIFX cost more than a fund like VOO? GLIFX is actively managed (current expense ratio 0.96%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GLIFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GLIFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GLIFX (0.96%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/glifx - Distribution history: https://www.dividenddata.com/funds/glifx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/glifx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/glifx/expenses - Peer comparison: https://www.dividenddata.com/funds/glifx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.