Lazard US Equity Select Portfolio Open Shares

Frequently Asked Questions About LZUOX

What does LZUOX invest in?

This fund typically commits at least 80% of its total assets to equity shares of U.S.-based companies. It also retains the flexibility to invest up to 20% of its holdings in securities of firms located outside the U.S. While its primary emphasis is on large-capitalization companies, the portfolio's allocation across various market capitalizations, including mid-cap and small-cap companies, can adjust based on prevailing market conditions. This is a non-diversified portfolio.

What is the expense ratio of LZUOX?

Lazard US Equity Select Portfolio Open Shares (LZUOX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LZUOX?

Lazard US Equity Select Portfolio Open Shares (LZUOX) manages $76.2M 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 LZUOX actively managed or an index fund?

LZUOX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LZUOX's is 0.95%) in exchange for the discretion to over- or under-weight positions.

When was LZUOX launched?

Lazard US Equity Select Portfolio Open Shares (LZUOX) launched in January 2005 and is managed by Lazard.

How has LZUOX performed?

LZUOX'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.