Lazard US Small-Mid Cap Equity Portfolio Open Shares

Frequently Asked Questions About LZCOX

What does LZCOX invest in?

This fund primarily allocates its investments to equity securities, particularly common stocks, issued by small to medium-sized American businesses. The Investment Manager defines these "small-mid cap" companies as those whose market capitalization falls within the range of firms included in the Russell 2500® Index. A substantial portion, at least 80%, of the fund's total assets will be committed to these specific U.S. small- and mid-cap equities. The fund also retains the option to invest up to 20% of its assets in securities from companies of varying sizes (larger or smaller) and geographic locations (U.S. or international).

What is the expense ratio of LZCOX?

Lazard US Small-Mid Cap Equity Portfolio Open Shares (LZCOX) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LZCOX?

Lazard US Small-Mid Cap Equity Portfolio Open Shares (LZCOX) manages $135.5M 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 LZCOX actively managed or an index fund?

LZCOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LZCOX's is 1.20%) in exchange for the discretion to over- or under-weight positions.

When was LZCOX launched?

Lazard US Small-Mid Cap Equity Portfolio Open Shares (LZCOX) launched in January 1997 and is managed by Lazard.

How has LZCOX performed?

LZCOX'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.