Lazard US Corporate Income Portfolio Open Shares

Frequently Asked Questions About LZHOX

What does LZHOX invest in?

The primary objective of this portfolio is to deliver the highest possible total return, drawing from both capital appreciation and current income generation. Under typical market conditions, the portfolio allocates a minimum of 80% of its capital to debt instruments issued by U.S.-based corporations or comparable non-governmental entities; these core holdings may comprise anywhere from 80% to potentially 100% of the portfolio's total assets. Up to one-fifth of its holdings, however, can be diversified into other security types that are not restricted to fixed-income instruments or U.S.-centric issuers.

What is the expense ratio of LZHOX?

Lazard US Corporate Income Portfolio Open Shares (LZHOX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.

What is LZHOX's dividend yield?

LZHOX's trailing-twelve-month yield is 5.43%, calculated from the sum of dividends over the past year divided by the current price.

How big is LZHOX?

Lazard US Corporate Income Portfolio Open Shares (LZHOX) manages $1.37B 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 LZHOX actively managed or an index fund?

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

When was LZHOX launched?

Lazard US Corporate Income Portfolio Open Shares (LZHOX) launched in February 1998 and is managed by the fund issuer.