# Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rlemx 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: 2015-01-16 This fund aims for significant long-term growth of capital. Its portfolio is chiefly comprised of equity instruments, predominantly common shares, issued by companies based outside the United States, whose core business operations are established within developing economies. The Investment Manager selects these companies when they are identified as being attractively priced relative to their profitability, cash generation, or asset base. Ordinarily, a minimum of 80% of the fund's total assets are committed to the equity securities of companies primarily conducting business in emerging markets. ## Key Facts | Metric | Value | |---|---| | Price | $30.74 | | Expense Ratio | 1.07% | | Assets Under Management | $18.97B | | NAV | $30.74 | | Holdings Count | — | | Distribution Yield (TTM) | 1.75% | | Annual Distribution (TTM) | $0.54 /share | | Distribution Frequency | Irregular | | 52-Week Range | $24.05 – $32.85 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.0284 /share - Ex-date: 2026-08-14 - Pay date: 2026-08-17 ## Frequently Asked Questions ### What does RLEMX invest in? This fund aims for significant long-term growth of capital. Its portfolio is chiefly comprised of equity instruments, predominantly common shares, issued by companies based outside the United States, whose core business operations are established within developing economies. The Investment Manager selects these companies when they are identified as being attractively priced relative to their profitability, cash generation, or asset base. Ordinarily, a minimum of 80% of the fund's total assets are committed to the equity securities of companies primarily conducting business in emerging markets. ### What is the expense ratio of RLEMX? Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RLEMX? Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) manages $18.97B 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 RLEMX actively managed or an index fund? RLEMX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RLEMX's is 1.07%) in exchange for the discretion to over- or under-weight positions. ### When was RLEMX launched? Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) launched in January 2015 and is managed by Lazard. ### How has RLEMX performed? RLEMX'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 RLEMX pay a dividend? Lazard Emerging Markets Equity Portfolio R6 Shares (RLEMX) currently distributes little or no income. Trailing-twelve-month yield is 1.75%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RLEMX pay dividends? Lazard Emerging Markets Equity Portfolio R6 Shares pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RLEMX's dividend yield? RLEMX's trailing-twelve-month yield is 1.75%, calculated from the sum of dividends over the past year divided by the current price. ### When is RLEMX's next ex-dividend date? The most recently announced ex-dividend date for RLEMX was 2026-08-14. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will RLEMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.07% 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 RLEMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RLEMX'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 RLEMX cost more than a fund like VOO? RLEMX is actively managed (current expense ratio 1.07%). 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 RLEMX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RLEMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RLEMX (1.07%) 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/rlemx - Distribution history: https://www.dividenddata.com/funds/rlemx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rlemx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rlemx/expenses - Peer comparison: https://www.dividenddata.com/funds/rlemx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.