# Lazard Listed Infrastructure ETF (GLIX): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/glix 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: 2025-10-03 The GLIX fund aims to achieve superior returns by capitalizing on the sustained expansion and modernization of global infrastructure over the long term. Its investment strategy primarily targets large, established corporations that derive over half of their revenue or asset base from infrastructure-related activities. This encompasses a wide array of sectors, including water treatment, the generation and distribution of energy and other essential resources, communication and media services, as well as the construction or operation of critical physical assets like pipelines, roads, airports,... ## Key Facts | Metric | Value | |---|---| | Price | $27.78 | | Expense Ratio | 0.96% | | Assets Under Management | $53.2M | | NAV | $27.66 (2026-10-29 close) | | Holdings Count | 28 | | Distribution Yield (TTM) | 1.19% | | Annual Distribution (TTM) | $0.33 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $24.74 – $29.23 | | Beta | 0.20 | ## Latest Distribution - Amount: $0.0928 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-21 ## Frequently Asked Questions ### What does GLIX invest in? The GLIX fund aims to achieve superior returns by capitalizing on the sustained expansion and modernization of global infrastructure over the long term. Its investment strategy primarily targets large, established corporations that derive over half of their revenue or asset base from infrastructure-related activities. This encompasses a wide array of sectors, including water treatment, the generation and distribution of energy and other essential resources, communication and media services, as well as the construction or operation of critical physical assets like pipelines, roads, airports, railways, and ports. The fund's security selection process emphasizes businesses with monopolistic characteristics, known for their reliable, long-term cash flow generation and revenues that are often linked to inflation. These companies also typically exhibit lower volatility compared to the broader equity market. The portfolio is concentrated, holding between 25 and 50 carefully chosen infrastructure firms. GLIX provides extensive global diversification, offering exposure to markets in both developed and emerging economies. To minimize the impact of currency fluctuations, particularly against the US dollar, the fund employs foreign currency forward contracts. Furthermore, GLIX may utilize repurchase agreements and various money market instruments. ### What is the expense ratio of GLIX? Lazard Listed Infrastructure ETF (GLIX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GLIX? Lazard Listed Infrastructure ETF (GLIX) manages $53.2M 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 GLIX actively managed or an index fund? GLIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GLIX's is 0.96%) in exchange for the discretion to over- or under-weight positions. ### When was GLIX launched? Lazard Listed Infrastructure ETF (GLIX) launched in October 2025 and is managed by Lazard. ### How has GLIX performed? GLIX'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 GLIX pay a dividend? Lazard Listed Infrastructure ETF (GLIX) currently distributes little or no income. Trailing-twelve-month yield is 1.19%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GLIX pay dividends? Lazard Listed Infrastructure ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GLIX's dividend yield? GLIX's trailing-twelve-month yield is 1.19%, calculated from the sum of dividends over the past year divided by the current price. ### When is GLIX's next ex-dividend date? The most recently announced ex-dividend date for GLIX 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 GLIX'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 GLIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GLIX'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 GLIX cost more than a fund like VOO? GLIX 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 GLIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GLIX? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as GLIX (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/glix - Distribution history: https://www.dividenddata.com/funds/glix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/glix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/glix/expenses - Peer comparison: https://www.dividenddata.com/funds/glix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.