Lyft, Inc.

Frequently Asked Questions About LYFT

What does LYFT invest in?

Lyft, Inc. facilitates a comprehensive, on-demand transportation platform spanning the United States and Canada. Its core mission involves offering users personalized and immediate access to diverse mobility solutions through its multimodal network. Among its primary services is the Ridesharing Marketplace, which seamlessly connects drivers with passengers. For drivers, the company provides Express Drive, a flexible program for vehicle rentals. Consumers can also utilize Lyft Rentals for longer-distance travel needs. Furthermore, in numerous urban centers, Lyft operates a fleet of shared bikes and scooters, ideal for shorter journeys. The Lyft app enhances its utility by incorporating public transit data, thereby expanding the array of available transport options for users. Beyond these offerings, the company also provides access to autonomous vehicles, specialized enterprise transportation solutions (including concierge services for organizations), and subscription benefits through its Lyft Pink plans. Additional services include Lyft Pass commuter programs, first-mile and last-mile connectivity, and university safe rides initiatives. Established in 2007, the company initially operated as Zimride, Inc. before officially rebranding to Lyft, Inc. in April 2013. Its corporate headquarters are located in San Francisco, California.

What is the expense ratio of LYFT?

An expense ratio for Lyft, Inc. (LYFT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is LYFT?

Lyft, Inc. (LYFT) manages $5.39B 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 LYFT actively managed or an index fund?

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

When was LYFT launched?

Lyft, Inc. (LYFT) launched in March 2019 and is managed by the fund issuer.

How has LYFT performed?

LYFT'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.